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Beige Book - May 31, 2023
The Beige Book is a Federal Reserve System publication about current economic conditions across the 12 Federal Reserve Districts. It characterizes regional economic conditions and prospects based on a variety of mostly qualitative information, gathered directly from each District’s sources. Reports are published eight times per year. What is the purpose of the Beige Book? The Beige Book is intended to characterize the change in economic conditions since the last report. Outreach for the Beige Book is one of many ways the Federal Reserve System engages with businesses and other organizations about economic ... (full story)
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Fed Beige Book: Economic Activity Was Little Changed Overall in April and Early May
— *seven (@sevenloI) May 31, 2023
*Fed’s Beige: Future Growth Expectations Deteriorated Slightly
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FED BEIGE BOOK: CONSUMER SPENDING CONTINUED TO INCREASE AT A STEADY CLIP IN THE LATEST REPORTING PERIOD.
— Breaking Market News (@financialjuice) May 31, 2023
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FED BEIGE BOOK: CONTACTS ACROSS DISTRICTS ALSO NOTED THAT THE LABOR MARKET HAD COOLED SOME.
— Breaking Market News (@financialjuice) May 31, 2023
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FED BEIGE BOOK: CONDITIONS IN THE BROAD FINANCE SECTOR CONTINUED TO WORSEN IN RECENT WEEKS AT A SIMILAR PACE TO THE LAST REPORTING PERIOD. SMALL TO MEDIUM-SIZED BANKS REPORTED LOWER LOAN DEMAND ACROSS ALL LOAN SEGMENTS.
— Breaking Market News (@financialjuice) May 31, 2023