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Date | 31 May 2017 8:00am EDT over 7 years ago |
Each Federal Reserve Bank gathers anecdotal information on current economic conditions in its District through reports from Bank and Branch directors and interviews with key business contacts, economists, market experts, and other sources. The Beige Book summarizes this information by District and sector. An overall summary of the twelve district reports is prepared by a designated Federal Reserve Bank on a rotating basis.
Typical stories:
- Economic Activity Picks Up/Slows Down Across States
- Fed District X Tops Economic Activity Improvement
- Price Pressures in Agriculture Ease, Fed's Latest Beige Book Says
- Pace of Economic Growth Remains Modest/Speeds Up
- Industries X, Y, Z Lead Labor Market Expansion in Midwest/East Coast/X
- Wage Growth in X Accelerates Thanks to Industry Y
- Home Sales Increase in Y Signals the Worst is Over
- IT Sector in Z Enjoys Stable Growth Thanks to X
- Labor Market Tightens/Starts Expanding