Established by the Federal Reserve Board of Governors in 2010, the CDIACs in the 12 Federal Reserve districts
provide a diverse perspective on the economy, lending conditions, and other issues facing thrift institutions, credit unions, and community banks with different charters and regulators (including state member, state nonmember, and national banks).
continued to expand from January to early February with the outlook among most of the twelve Federal Reserve Districts
"remained optimistic," the Federal Reserve said Wednesday in its Beige Book.
Reports from the 12 Federal Reserve districts
indicate that the economy continued to improve, on balance,'' the central bank said in the latest Beige Book, dropping the expression ''albeit at a moderate pace'' used in the previous report in October.
The Federal Advisory Council, composed of a representative from each of the 12 Federal Reserve Districts
, confers periodically with the Board of Governors of the Federal Reserve System on business conditions and issues related to the banking industry.
Economic activity generally continued to expand in September and early October, according to reports from the twelve Federal Reserve Districts
, particularly in Boston, Philadelphia, Chicago, Minneapolis, and Kansas City.
The Bulletin will continue to include topical research articles and summaries of Board survey findings, the Board's semiannual Monetary Policy Reports, a Legal Developments section, and other features such as lists of staff members, councils, committees, lists of Federal Reserve publications, and maps of the Federal Reserve Districts
The Federal Advisory Council is composed of representatives of the banking industry from each of the 12 Federal Reserve Districts
The Federal Reserve's Beige book indicated that local economy was expanding at a "moderate pace" during that period, with the economic outlook showing to be "positive" in most of the 12 Federa Reserve Districts
, with some reports citing expectations of "more of the same" and some expecting a pickup in growth.
Economic activity continued to improve since the last report across all 12 Federal Reserve Districts
, although many districts described the pace of growth as modest,'' the Fed said in the Beige Book.
The "Beige Book" summarizing informal surveys of economic conditions showed "economic activity continued to expand in January and February" in each of the 12 Federal Reserve Districts
, the Fed reported Wednesday.
They report the Committee's views of prospects for the economy and frequently include information gleaned from personal contacts in individual Federal Reserve Districts
The Fed's Beige Book noted that reports from the twelve Federal Reserve Districts
suggest that "national economic activity continued to expand at a modest to moderate pace" during the reporting period of September through early October.