“It feels like we’re just running in place,
More homes for sale, yet stuck in the race.
Rates in the sixes, a welcome descent,
Better than last year’s eight percent.

But still we stand, no forward pace,
Caught in a cycle, in the same space.
The numbers shift, but the story’s the same,
Chasing a change that never quite came.“

At 2:00pm ET the Federal Reserve will release their Beige Book. Think of it as an economic health update on each of the twelve districts.

This gives us an insight of what the Fed members are thinking beyond the BLS Jobs report. They will check on the strength against their business contacts and what they are saying.