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The Beige Book, more formally called the Summary of Commentary on Current Economic Conditions, is a report published by the United States Federal Reserve Board eight times a year. The report is published in advance of meetings of the Federal Open Market Committee.

Each report is a gathering of " anecdotal information on current economic conditions" by each Federal Reserve Bank in its district.

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This report was prepared at the Federal Reserve Bank of Chicago based on information collected on or before January 7,. This document summarizes comments received from contacts outside the Federal Reserve System and is not a commentary on the views of Federal Reserve officials.

Board of Governors of the Federal Reserve System.

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The Federal Reserve, the central bank of the United States, provides the nation with a safe, flexible, and stable monetary and financial system. While the latest Beige Book released earlier today carried the usual boring mix of self- serving observations by Fed officials ( " slight to moderate" growth in a quarter in which the Atlanta Fed sees GDP plunging to 0.

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5% ) and a handful of enlightening anecdotes, all of which confirmed that the US economy was rapidly slowing as expected with the word " strong" appearing 37 times, compared to 58x. Find your perfect car with Edmunds expert and consumer car reviews, dealer reviews, car comparisons and pricing tools. Sterling McCall Ford - Houston / Texas.
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