Beige Book
MacroDefinition
Federal Reserve report published 8 times a year, two weeks before each FOMC meeting. Compiles anecdotal economic information from each of the 12 Fed districts, qualitative input rather than statistical data.
Useful for catching emerging trends BEFORE they show up in hard data: layoffs, wage pressure, supply-chain shifts, regional housing changes. Markets occasionally move on Beige Book quotes, especially around inflection points.
Useful for catching emerging trends BEFORE they show up in hard data: layoffs, wage pressure, supply-chain shifts, regional housing changes. Markets occasionally move on Beige Book quotes, especially around inflection points.