Continuing signs that the economy may be improving were evident today with the release of the Federal Reserve's "Beige Book", which reports on economic activity throughout the Federal Reserve's 12 regional districts. Specific to Northern Calfornia, the reports states,
"Economic activity...appeared to pick up slightly during the reporting period of September through early October, with reports pointing to additional signs of stabilization or improvement in some sectors." To view the report for all 12 districts, click (HERE).
Anecdotally, we have seen a slow but steady improvement in the small office (transactional) side of our business, with showroom traffic steadily increasing over the past 60 days.
Wednesday, October 21, 2009
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