The Federal Reserve Bank in St. Louis says business conditions in the region have continued to weaken since it last reported in October.

Since its last report, manufacturing experienced significant declines, but the services sector improved slightly.

Residential real estate activity decreased, while commercial real estate was mixed.

Retail and auto sales in October and early November were down, on average, compared with year-ago levels.

Banks in the region reported tightening in credit standards and weaker demand for loans during a three-month period ending in October.

For more on what the St. Louis Fed said, click here.