Philip Chua Business Blog

Posts Tagged ‘beige book’

The Fed’s Beige Book is likely to state that economic activity has continued to stabilise in September and early October. But consumer spending will have remained soft, and there will have been a noticeable setback in car sales and production after the end of the Car Allowance Rebate System. Further…

The Fed’s Beige Book now clearly shows the typical progression the economy tends to go through as it moves from recession to recovery. Eleven of the Fed’s twelve districts noted economic conditions had stabilized, improved or firmed. Only St. Louis noted a continued decline and even there the rate of…

The Beige Book is likely to paint a brighter picture of the economy than at the end of July, when economic activity was still described as weak or sluggish. Whereas in the last report, the pace of decline was said to be moderating, the Fed could now state that the…