Federal Reserve reports modest economic growth in Beige Book report

For District 12- San Francisco (West coast area + Hawaii) the Beige Book reports solid expansion through survey period late November through early January.

"The Twelfth District economy continued to expand at a solid pace during the survey period of late November through the beginning of January. Price inflation was modest overall, helped in part by recent declines in energy prices. Contacts reported moderate wage increases in general, with more rapid increases reported for workers with specialized skills in selected industries. Retail sales expanded during the holiday season, and service providers reported further demand growth. Manufacturers and agricultural producers saw strong demand for their products. Activity in residential real estate markets generally remained at high levels but slowed in some areas, while demand for commercial real estate improved further. District banks reported steady loan demand overall and very good credit quality."

Daly bill up for vote this coming Monday

I received this email from Plan C. If you have time to call your supervisor or volunteer, please contact Plan C. For more information visit their website www.plancsf.org.

From the email...
DALY ANTI-CONDO BILL GOES TO FULL BOARD ON MONDAY, JAN. 10 Chris Daly’s bill to require 2-4 unit buildings to go through public hearings at the Planning Department will go to a full Board of Supervisors vote on Monday, January 10. Now is your last chance to let the supervisors know that this is terrible legislation. As we’ve mentioned before, this bill would add significant cost, time, and risk to an already impossible condo-conversion process for small buildings owners. (Even worse, we think this is what Supervisor Daly really wants.) There is no urgent need for Plan C members to attend the board meeting (since there is no public comment), but emails and calls to the supervisors will really help between now and Monday. Click here for the action alert. Visit www.sfgov.org to find contact information for the Supervisor of your district.

We will be doing another mailing this Saturday, January 7 (between 2 and 4PM) to the TIC and pro-homeownership communities, so if you can spare an afternoon to lick and stamp some envelopes, send an email to info@plancsf.org. 2006 is shaping up to be a busy year, with key supervisor races in November, more homeownership battles looming, and some government efficiency/civil service projects cooking. Please keep letting us know what you think about San Francisco quality of life issues, and we'll look forward to more efforts to make San Francisco a better place.