Michelle Matteson
Growing Resources
(commercial and multi-family mortgage debt outstanding; $ in millions) The level of commercial and multi-family mortgage debt outstanding grew by $6.6 billion, or 0.3 percent, in the third quarter of 2012 as three of the four major investor groups increased their holdings. Multi-family mortgage debt outstanding alone rose to $825 billion, an increase of $12.1 billion, or 1.5 percent, from the second quarter of 2012. Commercial banks continue to hold the largest share of commercial and multi-family mortgages, with $819 billion, or 34 percent of the total. CMBS, CDO and other ABS issues are the second-largest holders of the…
Minor Improvements
Value of manufacturers’ new orders; not seasonally adjusted; $ in millions











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