Advertisement
Advertisement
Beige Book
[beyzh book]
noun
a summary of current economic conditions prepared eight times a year and published by the U.S. Federal Reserve System.
Word History and Origins
Origin of Beige Book1
Example Sentences
The Federal Reserve’s most recent compilation of economic anecdotes from around the country, known as the Beige Book, found employment levels were largely stable and demand for labor was generally muted.
The Federal Reserve’s latest beige book, which compiles economic anecdotes from the 12 regional Fed banks, reported that more employers were reducing head counts through layoffs and attrition “with contacts citing weaker demand, elevated economic uncertainty, and, in some cases, increased investment in artificial intelligence technologies.”
“It’s many, many different sources, and again, including what we get out of the Beige Book.”
The Fed’s “beige book” reported that the economy has slowed down over the past two months.
Corporate earnings calls provide a mixed picture similar to the Fed’s Beige Book, the compendium of anecdotes from the 12 district banks prepared for the Oct. 28-29 Federal Open Market Committee meeting, Boockvar says.
Advertisement
Advertisement
Advertisement
Advertisement
Browse