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More on the Beige Book: Real estate activity growth rates are described as "moderate or strong"...

More on the Beige Book: Real estate activity growth rates are described as "moderate or strong" in 9 Districts, with New York (Sandy) and Chicago reporting just minor increases. Lenders are described as "competing aggressively" for highly qualified borrowers in Philadelphia, Atlanta, Richmond, and SF. Labor conditions unchanged in all districts, with some reporting hiring delays due to Cliff concerns.
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