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Federal Reserve Beige Book Interactive Summary

Fed: Modest to Moderate Economic Growth; Staffing Demand Mixed

Economic activity expanded at a modest to moderate pace across all 12 Federal Reserve districts in July and August, according to the Federal Reserve Board’s latest report on regional economies (known as the “beige book”). Employment growth slowed some, ranging from a slight to a modest rate in most districts. Labor markets were tight, and there were reports of worker shortages in numerous industries and across all skill levels. In spite of the tight labor market, the majority of districts reported limited wage pressures and modest to moderate wage growth. Staffing demand was mixed.

Click here to return to ASA beige book summary news release.

Use the list or map below to browse a summary of findings for each district, prepared by the American Staffing Association.

View Full Reports & Archive

The Beige Book is a Federal Reserve Bank report on anecdotal commentary from district bank and branch directors, and interviews with key business contacts, economists, market experts, and other sources, from each of the 12 Federal Reserve districts.

The Federal Reserve publishes this report eight times per year, generally at 2 p.m. Eastern time on Wednesdays. ASA summarizes information from the beige book for each district, focused on employment, wages, and the staffing industry.

Click here to access the current Beige Book report at the Federal Reserve's website, as well as an archive of previous reports.

Why Watch the Fed?

Federal Reserve LogoThe Federal Reserve makes monetary policy decisions and provides insight on current economic conditions across the U.S. in the Beige Book report.

In addition to broad economic conditions, the report often addresses specific areas of interest for the staffing industry, such as commentary on local employment, staffing employment, and wage pressures.

2017 Beige Book Report Schedule

Jan. 18 March 1 April 19 May 31 July 12 Sept. 6 Oct. 18 Nov. 29

 

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