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BEIGE BOOK: WINDOW ON MAIN STREET

BEIGE BOOK SUGGESTS CONTINUED MODEST ECONOMIC GROWTH

The latest edition of the Federal Reserve’s (Fed) Beige Book, released Wednesday,

May 31, 2017, continued to deliver a positive view of the U.S. economy. The Beige Book

is a qualitative assessment of the domestic economy and each of the 12 Fed districts

individually. The report is prepared eight times per year, ahead of each of the eight

Federal Open Market Committee (FOMC) meetings. We believe the Beige Book is best

interpreted by measuring how the key words change over time. The qualitative inputs for

the May 2017 Beige Book were collected in April 2017 through May 22, 2017.

 

View the full weekly economic commentary here.

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