Beige Book

The Beige Book is a report published by the Federal Reserve (Fed) eight times a year, that provides an overview of economic conditions in each of the Fed's twelve districts. The report is compiled using information from the Fed's business contacts, economists, and other experts, and covers a wide range of topics including employment, wages, prices, and consumer spending.

The Beige Book is used by the Fed to help inform its monetary policy decisions, and it is also closely watched by economists, investors, and businesses. The report is unique in that it provides a regional perspective on the economy, rather than just a national one. It's called "beige" because of the color of its cover. The report is released two weeks before the Federal Open Market Committee (FOMC) meeting, and it's widely used by market participants as a source of information to anticipate the Fed's monetary policy.