{"id":9781,"date":"2010-06-10T14:46:05","date_gmt":"2010-06-10T18:46:05","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=9781"},"modified":"2010-06-10T14:46:05","modified_gmt":"2010-06-10T18:46:05","slug":"the-feds-beige-book-color-coded-for-easy-analysis","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2010\/06\/10\/the-feds-beige-book-color-coded-for-easy-analysis\/","title":{"rendered":"The Fed&#8217;s Beige Book &#8211; Color Coded for Easy Analysis"},"content":{"rendered":"<p>The Fed issued the region Beige Book with the following highlights: (Green=Better, Red=Worse or no improvement)<\/p>\n<li><span style=\"color: #008000;\"><strong>Fed&#8217;s Beige Book Says Economy Improved In All 12 Districts<\/strong><\/span><\/li>\n<li><span style=\"color: #800000;\"><strong>Commercial Real Estate Remained `Weak,&#8217; Beige Book Says<\/strong><\/span><\/li>\n<li><span style=\"color: #008000;\"><strong>Fed Says Labor Market `Improved Slightly&#8217; In Most Districts<\/strong><\/span><\/li>\n<li><span style=\"color: #800000;\"><strong>Fed Says Loan Quality Stable Or Improving In Most Districts<\/strong><\/span><\/li>\n<li><span style=\"color: #800000;\"><strong>Consumer Lending Weakened In Most Districts, Fed Says<\/strong><\/span><\/li>\n<li><span style=\"color: #008000;\"><strong>Most Fed Districts Saw Increase In Home Sales, Construction<\/strong><\/span><\/li>\n<li><span style=\"color: #008000;\"><strong>Manufacturing Improved `Gradually&#8217; In 12 Districts, Fed Says<\/strong><\/span><\/li>\n<li><span style=\"color: #008000;\"><strong>Business Spending Increased `Moderately,&#8217; Beige Book Says<\/strong><\/span><\/li>\n<li><span style=\"color: #800000;\"><strong>Fed Says Consumer Spending Concentrated On Necessities<\/strong><\/span><\/li>\n<li><span style=\"color: #008000;\"><strong>Fed&#8217;s Beige Book Says U.S. Wage Pressures Remained `Minimal&#8217;<\/strong><\/span><\/li>\n<li><span style=\"color: #008000;\"><strong>Fed Says Prices Of Final Goods, Services Were `Largely Stable&#8217;<\/strong><\/span><\/li>\n<li><span style=\"color: #800000;\"><strong>Fed Says Home Sales Lifted By Tax Credit In Many Districts<\/strong><\/span><\/li>\n<li><span style=\"color: #800000;\"><strong>Many Fed Districts Said Pace Of Economic Growth Was `Modest&#8217;<\/strong><\/span><\/li>\n<p>According to <a href=\"http:\/\/www.ap.org\/\">AP<\/a>:<\/p>\n<blockquote><p>The economic recovery is finally spreading to all parts of the country. But the modest pace of growth suggests companies won&#8217;t be ramping up hiring to quickly drive down unemployment.<\/p>\n<p>A Federal Reserve survey, released Wednesday, found that economic activity improved across all 12 regions tracked. The last time all regions were in a growth mode was roughly before the recession started in December 2007.<\/p>\n<p>The latest survey is a tad better than the previous one released in mid-April. In that survey, all of the Fed&#8217;s regions &#8212; except for St. Louis &#8212; reported &#8220;economic activity increased somewhat.&#8221;<\/p>\n<p>In the new survey, manufacturing picked up, retail sales grew, tourism improved and housing was helped by the now-expired tax credit for homebuyers. But commercial real estate is weak and labor market conditions improved only &#8220;slightly.&#8221;<\/p>\n<p>The picture painted by the survey is consistent with chairman Ben Bernanke&#8217;s view &#8212; shared with Congress on Wednesday &#8212; that a modest economic recovery is unfolding. Bernanke predicted the recovery remains on track despite Europe&#8217;s debt crisis, which has put Wall Street on edge in recent weeks, and stubbornly high unemployment, now at 9.7 percent.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The Fed issued the region Beige Book with the following highlights: (Green=Better, Red=Worse or no improvement) Fed&#8217;s Beige Book Says Economy Improved In All 12 Districts Commercial Real Estate Remained `Weak,&#8217; Beige Book Says Fed Says Labor Market `Improved Slightly&#8217; In Most Districts Fed Says Loan Quality Stable Or Improving In Most Districts Consumer Lending [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5,12],"tags":[481,483],"class_list":["post-9781","post","type-post","status-publish","format-standard","hentry","category-economy","category-markets","tag-economy","tag-markets","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/9781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=9781"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/9781\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=9781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=9781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=9781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}