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Newest Fed Beige Book: Commercial Real Estate Improved Markedly

Cover of Federal Reserve Beige Book April 2013

Eight times annually the Fed’s Beige Book provides a helpful snapshot of anecdotal evidence of economic activity in the various Federal Reserve Districts across the country.   In the world of econometric publishing, it’s not the hardest data, collected somewhat informally and without the rigor of research studies such as NAR’s research department produces (consider our horn tooted).

Nonetheless, the Beige Book provides a useful way to take the quick temperature of various sectors and regions, particularly in contrast with each other.

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