Numbers #4: Fed’s Beige Book

Commonly known as the Beige Book, this report is published eight times per year. 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.

Source: Federal Reserve Bank

The twelve Federal Reserve Bank districts are located in:

Boston (MA)

New York (NY)

Philadelphia (PA)

Cleveland (OH)

Richmond (VA)

Atlanta (GA)

Chicago (IL)

St. Louis (MO)

Mineapolis (MN)

Kansas City (MO)

Dallas (TX)

San Francisco (CA)

Each district reports on:

  • Manufacturing activity, e.g. employment, wages, and prices
  • Retail sales, e.g. consumer spending and tourism
  • Demand for non-financial services, transportation activity, banking activity such as loans
  • Residential and commercial real estate sales or construction
  • Agricultural conditions
  • Energy issues and production

Author’s Addendum (9/13/2015): CNBC has a nice article by Mark Koba entitled: The Beige Book: CNBC Explains. (February 2, 2012)

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