The Federal Reserve says in today's Beige Book, "Economic activity expanded at a modest to moderate pace across the 12 Federal Reserve Districts
in January and February.
The report presents consolidated survey results from 706 financial institutions in the Atlanta, Boston, Cleveland, Dallas, Kansas City, Minneapolis and Richmond Federal Reserve districts
Currently, Federal Reserve Districts
take part in a voting rotation where only certain Districts are heard from on certain years.
With a bit of digging, I retrieved a wonderful Government Publishing (then Printing) Office (GPO) document from 1914 titled "Location of Reserve Districts
in the United States: Letter From the Reserve Bank Organization Committee, Transmitting the Briefs and Arguments Presented to the Organization Committee of the Federal Reserve Board, Relative to the Location of Reserve Districts
in the United States" (fraser.
WASHINGTON, June 1 (KUNA) -- The US Federal Reserve on Wednesday described "modest economic growth" across the 12 Federal Reserve Districts
in its 'Beige Book' report since March.
The Federal Advisory Council is comprised of a representative from each of the 12 Federal Reserve Districts
Reports from the 12 Federal Reserve districts
suggest that the economic activity continued to expand moderately from November through December,'' the central bank said in the latest Beige Book.
The estimation results indicate that transcription effects are indeed robust, regardless of the regional indicator used, and the size of Federal Reserve districts
matters during FOMC deliberations in that larger districts may be more likely to voice agreement with a given policy proposal.
The 12 Federal Reserve districts
are Boston, New York, Philadelphia, Cleveland, Richmond, Va.
Two thirds of the Federal Reserve districts
across the U.
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