Beige Book: Districts Report Leasing Recovery, Weak Construction (Commercial) - Mortgage Banking

Beige Book: Districts Report Leasing Recovery, Weak Construction (Commercial)

By Mortgage Banking

  • Release Date: 2011-02-01
  • Genre: Industries & Professions

Description

Commercial real estate markets displayed mixed results across districts as leasing markets showed signs of recovery, but construction remained weak, according to the Federal Reserve's January Beige Book. "Contacts in most districts expected modest improvements in commercial leasing in 2011, although the outlook for construction was mixed and some districts noted rising costs as a concern," the Beige Book reported.

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