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Why NAFTA Matters

The FED Said The stakes are high for the Southeast as the United States tries to work out new trade agreements with Mexico and Canada. The talks are intended to update the North American Free Trade Agreement (NAFTA), the treaty between Mexico, Canada, and the United States that took effect in 1994. The United States […] Read more

Beige Book

The FED Said Federal Reserve Bank of Atlanta Summary of Economic Activity Sixth District business contacts indicated that economic activity expanded at a moderate pace since the previous report. On balance, the outlook among firms for the remainder of the year was positive, despite some uncertainty surrounding trade policy. Firms continued to cite hiring challenges, […] Read more

Firms Struggling to Find Hourly Workers

The FED Said As businesses in the Southeast struggle to fill low-skill jobs, some firms say they plan to move to places with larger pools of available workers, according to the Federal Reserve Bank of Atlanta’s new Beige Book report on regional economic conditions. Atlanta Fed business contacts report that overall economic activity continued to expand moderately […] Read more

Residential Real Estate: A Southeast Update

The FED Said Job creation—particularly in major cities—is one of the biggest drivers of residential real estate, attracting individuals and families to a new area. Over the past seven years, the United States has created an average of 200,000 new jobs a month. During that same time, the states in the Atlanta Fed’s district—Alabama, Florida, […] Read more