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Commentary on Current Economic Conditions by Federal Reserve

Atlanta the Sixth District, which includes Florida showed improvement in Real Estate and Construction.

PRLog - March 2, 2011 - BONITA SPRINGS, Fla. -- Homebuilders reported slow growth in new home sales for January and early February, while buyer traffic weakened compared with late last year.

Residential brokers in the District indicated that existing home sales remained at low levels in January and early February. However, brokers noted that sales exceeded the year earlier level, largely driven by gains in Florida.

To read the full Beige Book, which is a summary of all the 12 District Federal Reserve Banks to to this link:


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Source:Paige Rausch
Location:Bonita Springs - Florida - United States
Industry:Banking, Real Estate, Construction
Tags:Beige Book, federal reserve, Real Estate, economic conditions in Florida, development
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