Preview of the Federal Reserve Beige Book due on Wednesday 04 March 2015, 1900GMT
Just a quickie...
The Federal Reserve Beige Book of Current Economic Conditions is partly a collection of anecdotes and comments from businesses and companies located in respective regions of the US (Federal Reserve Districts)
- It looks at everything from prices, capital spending, employment, manufacturing... and more
In addition, regional economists report the findings of
their respective economic indicators
This month, what to expect?
- The latest Beige Book is likely to show a slight moderation in economic activity
- Particularly in manufacturing
Also - there are some influences from multiple events to watch for in the report:
- Severe cold weather
- The fall in crude oil prices
- West Coast portstrikes
- Manufacturers complain of the impacts of a rising dollar
- Retailers say the colder than normal weather iss an impediment to sales and traffic
- Lower crude oil prices are taking a toll on several sectors and regions
- Higher prices at the gas pump during the last month crimped some consumer spending
