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Fed beige book report 2011

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Bio Vita. Learn more about the Econ Lowdown Teacher Portal and watch a tutorial on how to use our online learning resources. We believe the Federal Reserve most effectively serves the public by building a more diverse and inclusive economy. Beige Book Archives.
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Fed finds economy improving across U.S.

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Business activity in the Third District has remained mixed, with more positive sectors than negative ones compared with the previous Beige Book. In late August and early September, Hurricane Irene and Tropical Storm Lee left dozens of people injured or dead, damaged or destroyed thousands of homes, and cost hundreds of millions of dollars in disruption and damage throughout much of the Third District. Since the last Beige Book, manufacturing activity has declined further, but at a slower rate. Retailers reported flat to slightly down year-over-year sales. Motor vehicle dealers provided a bright spot with stronger year-over-year sales. Third District banks have reported little overall change in loan volume outstanding since the last Beige Book.
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Philadelphia: March 2011

Bio Vita. Learn more about the Econ Lowdown Teacher Portal and watch a tutorial on how to use our online learning resources. We believe the Federal Reserve most effectively serves the public by building a more diverse and inclusive economy. Beige Book Archives. Burgundy Book Archives.
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Business activity in the Third District has returned to a path of slow overall growth since the previous Beige Book. The weekend storm caused widespread electric utility outages and disrupted business, but the cold weather ultimately triggered shoppers' interest for the winter season. Since the last Beige Book, manufacturing activity has grown modestly, but steadily.
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