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Fed's September Beige Book: Continued overall growth even with hurricane impacts

Reports from all 12 Federal Reserve Districts indicated that economic Activity Increased in September through early October, with the pace of growth split between modest and moderate. Residential construction continued to increase, and growth in commercial construction was up slightly on balance. Low home inventory levels continued to constrain residential sales in many areas, while nonresidential real estate activity increased slightly overall.

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This post first appeared on The Housing Chronicles, please read the originial post: here

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Fed's September Beige Book: Continued overall growth even with hurricane impacts

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