Beige Book investment & finance definition

An assessment of the economic performance of each of the 12 regional Federal Reserve districts. The Beige Book is prepared by the Federal Reserve staff before the Federal Open Market Committee meeting, which happens eight times a year. The report examines economic activity, specifically employment trends, construction and housing activity, retail sales, consumer confidence, and any other relevant information. The Beige Book is used by financial analysts as a descriptive measure of economic performance within the regions of the U.S. Financial analysts scrutinize the book for clues about the Fed’s future monetary policy decisions.