Preview

District 6 Atlanta Case Study

Better Essays
Open Document
Open Document
810 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
District 6 Atlanta Case Study
District 6: Atlanta
The beige book is a summary of the current economics conditions around the United States. This report is published eight times a year. Each Federal reserve bank gather important information on economic conditions that have recently occurred in the district. The beige book mainly contains reports from bank and branch directors, interviews with important business contacts, economists, and market experts. The beige book summarizes all of this information mentioned by district and by sector. When preparing for meetings, the Federal Open Market Committee (FOMC) members are also given a green book, which predicts how the economy is going to play out in the next few months. The green book comes with another book called the
…show more content…

Reports seemed generally positive and had good expectations for the coming months. However, when it came to retail, reports were mixed. Some retailers stated that sales had improved, while others stated that customers seemed to not have as much leeway spending. Car sales also boomed during this time in Atlanta. Atlanta received many tourists despite the economic position, having the tourist helped them maintain their income in business such as car rentals, hotels, and restaurants. Housing markets continued to improve, housing prices went up and many offers were made on existing properties. While new properties are being built making the construction rate better than last years. The highest level of manufacturing since 2012 was reached this year by increases in new orders, production, and employment. Since it has reached a peak it is expected to plateau for the remainder of the year. What decreased was the railroad companies and it is expected to either keep declining or stay the same. The strongest growth showed was shown in chemicals, oils, and gases. Businesses continued piling on debt as consumers continued refinancing mortgagae loans. Hence, there was a race of competition for loan applicants which produced low fix rates to attract the consumers. Since there were a lot of loans needed there had been an increase

You May Also Find These Documents Helpful

  • Good Essays

    Despite the city’s objections, a local business owner appeared in front of the Lewisville City Council on Monday evening to fight for an expansion in parking spaces for his body shop.…

    • 585 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Lowes Case Study

    • 2871 Words
    • 12 Pages

    The home improvement market takes in approximately $755 billion annually. However, with the softening of the housing market, unseasonable drought and flooding, and last year’s variable mortgage interest rate hikes the industry has taken some hits. Although mortgage rates are decreasing, high gas prices has caused a recession and overall sales has decreased. California and Florida, which bring in a large portion of sales, experienced the biggest declines in home prices and the most pronounced slowdown in housing turnover. With that said, Lowe’s company was still able to report $48.3 billion in net sales.…

    • 2871 Words
    • 12 Pages
    Good Essays
  • Good Essays

    Deb Towns Case Study

    • 869 Words
    • 4 Pages

    Deb Towns is the nurse manager of the cardiac rehabilitation program at Memorial Medical Center. She is an R.N. whose leadership position is unique because she also created the program she is in charge of. Deb had a vision and used her leadership skills to see that vision become a reality.…

    • 869 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Reed Case

    • 1489 Words
    • 6 Pages

    | |income and population growth, and lower than national average|Columbus which hints at a potential market for high-end |…

    • 1489 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Cafr Project

    • 3327 Words
    • 14 Pages

    Secondly, Mr. Moore gives readers more detail information regarding to the Economic Condition in Fiscal Year 2008. Including non-farm payroll employment grew by 2.1 percent in fiscal year 2008, much better than the 0.7 percent increase in U.S nonfarm payroll employment. But on the other hand, manufacturing employment and durable manufacturing employment, other than aerospace, was considerably declined, 0.8% and 0.4% separately. However, it is still better than nation-wide decline rate. Because the manufacturing industries in Washington State are mainly focus on lumber, wood products and heavy trucks. Both of them are impacted by the shrink of housing market in Washington State and national markets and by soaring fuel cost.…

    • 3327 Words
    • 14 Pages
    Good Essays
  • Good Essays

    The City of Kelsey, “a great place to grow.” M. Kelsey founded the City of Kelsey in 1932. M Kelsey had the vision to preserve the natural resources of the land and maintain a “close-knit” community. This city is like any other city, with businesses, schools, citizens, government, recreation, parks, transportation, and issues-all of which I will discuss within this paper (Apollo Group, Inc, 2003, 2004, 2005, 2008 ).…

    • 894 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Two of the economic indicators, housing starts and interest rates have a trickle down effect on Home Depot's business. The current outlook for both of these indicators is still , unfortunately, bleak. We are firm believers in Edward Learner's thesis that "Housing is the Business Cycle". It is still considered the source through which we view the economic cycle. According to a survey by PAA Research, the housing market colors every investment idea evaluated and consistently provides the prism to strategically forecast our economic indicators.…

    • 817 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Home Depot

    • 4370 Words
    • 18 Pages

    | |Due to housing and home improvement changes the sales changes. Economic and current market conditions caused a slowdown in |…

    • 4370 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    As the United states acquired new land, there was not a precedent set regarding how the issue of slavery would be handled in these vast new territories. The map explains how much land was acquired and the spread of slavery throughout the years of 1790 to 1860. The Missouri compromise admitting Missouri into the union as a slave state and Maine as a free state, but also stating slavery would be prohibited anywhere north of the southern boundary of Missouri in the future. The Missouri compromise had initially handled the status of slavery before 1846, from the procurement of the Louisiana purchase, which was the first large purchase of land. The question of western expansion of slavery into these new territories was now the beginning of what started the era of the civil war and the great divide of the American people.…

    • 667 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Emory St. Joseph's Atlanta is in the middle of a project to upgrade TT from 2.2 to 3.4, moving to servers to Emory network, installing portal boards on each unit, and the integration of attributes and milestones. Jason Chitty is the Technical Project Manager working with the Emory team regarding the server work. Jason, please add any additional Technical information.…

    • 149 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Bank of Green

    • 2898 Words
    • 12 Pages

    Most people say that looking in the past you can see the future, with economics this is true. With the economy in the state that it is in, people will be wondering what they should do and more importantly not do. At the Bank of Green we strive to be the best at what we do and many have voiced their uncertainty about the economy and where it is headed. This report will show you what is happening in the economy and what will most likely happen this coming year. The Federal Reserve still has not met to discuss this but there is a likely course of action that they will take, I will account for this uncertainty. After reading this you should be able to fully understand the future of the economy and more importantly explain what is happening to your customers so they know that they have someone who knows what they are doing behind them. I will be going over the forecast for 2006 with projected quarterly growth rates and what they mean, as well as the rate of inflation for 2006. Along with that we must consider the action the Federal Reserve will take along with how they achieve their goal.…

    • 2898 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    In the past decade United States has been facing a recession that has resulted in higher…

    • 1584 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    The Roaring Twenties

    • 934 Words
    • 4 Pages

    One of the most important factors as to why the economy boosted so drastically was technology. Everything was working together, in sync, thus benefitting all across the board. As a result of the assembly line, automobiles became one of the most important industries in the nation at that time. This booming automotive market, helped boost the economy because not only were they doing well, but was every other corporation that was involved with the production, or maintenance of a car. Industries like steel, rubber, tool companies, oil corporations, and road construction all boomed as well, providing more jobs, and a stronger economy. With mobility as common as it then became, the demands for suburb housing increased as well, thus causing another boom in the construction industry and any other industry that it was related to. Everything at this time was interrelated, affecting one another substantially. With any advancement, came a series of prosperous and profitable markets. Technology also boomed in other ares as well, like, the invention of the…

    • 934 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Delias market research

    • 609 Words
    • 3 Pages

    The economy undergoes many twists and turns and dELiA*s will have to know how to adjust its prices to manage expenses. Consumer income drives the business as well as the U.S. economy. With customers being satisfied with their income, they feel more secured about the economy, which means they would be less guilt of spending money. Consumer spending rose 0.5 percent in the retail sector in 2011, according to a statement from the U.S. Commerce Secretary Gary Locke. Consumer income has the power to how much dELiA*s must succeed in today's competitive market.…

    • 609 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Have you ever walked down Euclid Avenue in Little Five Points only to have someone repeatedly solicit you for money? I must admit that it gets a little irritating after the first attempt. When my friend and I went shopping at Rag-o-Rama, a woman wearing tattered clothing stood in front of the entrance and asked us for money. About 30 minutes later, she was still standing outside of the store asking us for money as we walked out. According to the U.S. Bureau of Labor Statistics, Atlanta has an unemployment rate of 6.3% which is higher than that of the national average of 5.3%. Why is it that Atlanta is one of the leading cities of unemployment? Is it because of a dearth of job opportunities or because people are not willing to take the time to search for one? If more previously unemployed people take jobs, then our entire community will benefit. If people are able to apply for jobs, then they should take that initiative instead of begging others for money.…

    • 497 Words
    • 2 Pages
    Good Essays