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Commercial Lending Activity Mixed Bag Nationwide

WASHINGTON -- Cities like Chicago and Dallas are seeing strong demand for commercial loans while other areas continue to see lulls, according to the Federal Reserve Board's September Summary of Commentary on Current Economic Conditions, commonly known as the Beige Book.

By Michelle A. Samaad | Updated on September 05, 2008

WASHINGTON — Cities like Chicago and Dallas are seeing strong demand for commercial loans while other areas continue to see lulls, according to the Federal Reserve Board’s September Summary of Commentary on Current Economic Conditions, commonly known as the Beige Book.

The Fed’s districts are Boston, New York, Philadelphia, Cleveland, Richmond, Va., Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas and San Francisco. In August, some districts reported further slackening in demand for office and retail space while others saw an increase in energy and mining activity. Districts reporting on the agricultural sector noted some relief from drought conditions.

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