The Beige Book is compiled eight times a year and is based on reports and comments from businesses across the US. The last report was released at the beginning of March.
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Since the onset of the coronavirus pandemic, the Fed's collection of anecdotes about the economy has been framed in grim language. The descriptions have been mooderating.
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However, the excitement faded throughout the session as investors took in the latest Beige Book and turned to tomorrow's key inflation update. In economic news, data from the Bureau of Economic ...
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But the Beige Book, a collection of economic snapshots published by the Federal Reserve earlier this week, offers a more on-the-ground view of what the jobs market looks like right now ...
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The US economy continues to expand nationwide with only slight upward price pressures despite reports of tightening labor markets and higher wages, the Federal Reserve's Beige Book survey said today.