The Memphis area real estate industry and manufacturing industry have been bright spots for the local economy, according to data compiled for the Beige Book report by the Federal Reserve Bank of St. Louis. The Memphis movers have found that the local residential home sales in Memphis has risen 11 percent from month to month comparisons of January 2012 and January 2013. Memphis is in a district of the Beige Book that competes with St Louis and Little Rock.

Housing permits filed were also 9 percent higher in Memphis for the same time period. New home sales were up 18 percent, and commercial real estate remains stable and also thriving. Projection reports clarified that less layoffs are anticipated in the coming months for the local industry operations.