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Federal Reserve Beige Book

Why Watch the Fed?

Not only does the Federal Reserve make monetary policy decisions, but it also provides timely insight on current economic conditions across the United States in the beige book report.

In addition to broad economic conditions, the report often includes commentary on local employment, temporary help employment, and wage pressures.

The beige book reports on economic activity by Federal Reserve districts:

Boston Chicago
New York St. Louis
Philadelphia Minneapolis
Cleveland Kansas City
Richmond Dallas
Atlanta San Francisco

Every six weeks, the Federal Reserve Board produces a report on current economic conditions for each of the Federal Reserve districts. Commonly called the "beige book," the report is published just before each Federal Open Market Committee meeting on interest rates to provide information on changes in the economy since its last meeting.

The report includes an overall summary of all districts, as well as individual district reports on local economic conditions by sector. District reports provide anecdotal commentary from district bank and branch directors and interviews with key business contacts, economists, market experts, and other sources.

Most Recent Report

The beige book is published every six weeks, prior to FOMC meetings. The report is generally released at 3 p.m. Eastern time on Wednesdays.

To access the current beige book report, as well as an archive of previous reports:

  • Go to the Federal Reserve home page.
  • Click on Monetary Policy in the navigation bar.
  • Then select Beige Book from the Reports section.
  • Click on Report, directly beneath the date of the report you wish to view.

ASA reports information from the beige book for each district in the issue of Staffing Today immediately following release of the report.

2012 Beige Book Report Schedule

Release Date

Jan.
11

Feb.
29

April
11

June
6

July
18

Aug.
29

Oct.
10

Nov.
28

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