This site has all beige book content going back to 1996. Economic activity continued to expand in late january and february, with ten districts reporting slighttomoderate growth, and philadelphia and st. This document summarizes comments received from contacts outside the federal reserve system and is not a commentary on the views of federal. The china beige book said its not unreasonable that gross domestic product will contract 10% to 11% in the first quarter, even with a slight. The following is the text of the federal reserve boards ninth district minneapolis. New york march 6, 20 economic activity in the second district has continued to expand at a moderate pace since the last report. Beige book march 06, 20 beige book full report the conomic activity in the eighth district has expanded at a moderate pace since the previous report. Beige book sees moderate growth despite sequester threat. Otherwise, the report noted that economic growth for the month was modesttomoderate. The previous beige book had been issued on march 6, too soon to reflect those cuts. This minneapolis fed site has beige book content going back to 1970.
Increased activity was noted in consumer spending, tourism, professional services and manufacturing. Overall, retailers cited mild sales growth at the beginning of the year. March 6, 20 the federal reserves beige book holds few surprises january 16, 20 nonmanufacturing activity strengthens in february march 5, 20. The report is published in advance of meetings of the federal open market committee. Many contacts expected that growth would be weak in the first half of 20, partly because of uncertainty over federal fiscal policy, but that activity would rebound in the second half of the year. The information is gathered via survey and interviews from business contacts, economists, market experts, directors of the bank and its branches, and others. Manufacturing strengthened somewhat in recent weeks. Its easy to find the report for a given district or the complete report of all the districts for a given day. The marcellus shale in pennsylvania is specifically identified as a major economic force in the northeast. This edition dated march 6, 20 highlights expanding shale drilling in regions iii and iv as one of the reasons for economic expansion in those regions. Minneapolis march 6, 20 the ninth district economy showed signs of moderate growth. In 1972, the inflation rate had decelerated to under 3. Dallas march 6, 20 the eleventh district economy expanded at a moderate pace over the past six weeks.
The beige book survey is essentially a collection of anecdotes about the u. Wednesdays release of the federal reserves beige book report had one overarching theme. This report was prepared at the federal reserve bank of richmond based on information collected on or before february 24th, 2020. Dollar largely holds to gains after beige book marketwatch. The previous beige book had been issued on march 6. Business contacts report some pickup in input price pressures but relatively few say they are increasing their selling prices. 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 federal reserve board of governors in washington dc. Commonly known as the beige book, this report is published eight times per year.
The federal reserves beige book report will likely find a new way to say that the economy continued on a moderate growth path through february. This document summarizes comments received from contacts outside the federal reserve system and is not a commentary on the views of federal reserve. Federal reserve beige book for march 6, 20 current. Obamacare hurts hiring, sales according to feds beige book.
Here, you can select reports for any given district or the national summary using a dropdown search tool. This document summarizes comments received from contacts outside the federal reserve system and is not a commentary on the views of federal reserve officials. Each report is a gathering of anecdotal information on current economic conditions by each. Many contacts expected that growth would be weak in the first half of 20, partly because of. This report was prepared at the federal reserve bank of new york based on information collected on or before february 17, 2017. The following is the text of the federal reserve boards sixth district atlanta.
This report was prepared at the federal reserve bank of kansas city based on information collected on or before february 25, 2019. But the feds anecdotal report of economic conditions also noted that. Retail sales slowed during the beginning of the year, but vehicle sales were improved compared to a year ago. Atlanta march 6, 20 on balance, sixth district business conditions appear to have improved modestly in january and early february and the outlook among most contacts remained generally optimistic across sectors. The latest beige book released wednesday, september 4, 20 and the august employment report released friday, september 6, 20 likely provided fed policymakers enough cover to. The excerpts to follow are from the most recent beige book march 6, 20 and from several 40 years ago, in the fall of 1972. 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. Firstquarter profit was 51 cents a share on an adjusted basis, more than the. Beige book 2016 beige book 2015 beige book 2014 beige book 20 beige book 2011 beige book 2010 beige book 2009 beige book 2008 beige book 2007 beige book 2006 beige book 2005 beige book 2004 beige book 2003 beige book 2002 beige book 2001 beige book 2000 beige book 1999 beige book 1998 beige book 1997 beige book 1996 beige book november. Dow average extends record high on job data, beige book.
A major appraisal firm reports that new york citys coop and condo market has remained surprisingly active in early 20, following. Chicago march 6, 20 economic activity in the seventh district continued to expand at a slow pace in january and february. Real estate showed impressive economic growth during february and achieved gains in nearly all 12 federal reserve districts, according to the federal reserves beige book released march 6. The commerce department said that retail sales in march dropped 8. Economic activity continues to expand in the first district, albeit slowly, according to business contacts. The tenth district economy showed modest improvement in january and early february. Posts about beige book written by garrettandrobinson. Beige book 2016 beige book 2015 beige book 2014 beige book 20 beige book 2011 beige book 2010 beige book 2009 beige book 2008 beige book 2007 beige book 2006 beige book 2005 beige book 2004 beige book 2003 beige book 2002 beige book 2001 beige book 2000 beige book 1999 beige book 1998 beige book 1997 beige book 1996 beige book november 30. Richmond march 6, 20 district economic activity grew moderately since our last report. Most contacted retailers but only onehalf of responding manufacturers report higher sales in the latest period than a year earlier. The beige book is a summary of current economic conditions in the eighth district.