FOMC's Beige Book
preview: the anecdotal report is expected to reiterate the economy grew moderately through August.
The Fed report, known as the beige book
, said that tariffs imposed on imports, higher shipping costs and rising wages had all contributed to some increase in input costs.
A term previously relegated to the dating world, in which a person "disappears" from a relationship, ghosting now describes "a situation in which a worker stops coming to work without notice and then is impossible to contact," according to the Beige Book
from the Federal Reserve Bank.
Economic conditions have improved slightly this fall in the Federal Reserve's 8th District, which includes Arkansas, according to the periodical Beige Book
released in November.
In its periodic "Beige Book
" summary of contacts with businesses in its 12 regional districts, the U.S.
It granted temporary exemptions to the European Union, Canada and Mexico but that reprieve is scheduled to end Friday.<br />The Fed survey, known as the beige book
, found that among the manufacturing sectors reporting new strength were fabricated metals, heavy industrial machinery and electronics equipment.
Federal Reserve's Beige Book
, the BMO Blue Book combines the insights of BMO's economists with information on current national and provincial business conditions provided to BMO's commercial bankers by local business people.
The release of the Fed's Beige Book
ahead of the next Federal Open Market Committee (FOMC) meeting did not deliver much surprising detail about the US economy.
The so-called beige book
, which surveys anecdotal reports in the 12 Federal Reserve districts, also reported US companies and the state combined had hired 222,000 new employees in June -- significantly more than economists had predicted.
'[The] Philippine market closed higher as the probability of a June rate hike is now below 50 percent and with new information on the latest release of the Beige Book
,' said Luis Gerardo Limlingan, managing director at Regina Capital Development.
Commercial and multifamily real estate activity generally improved since early January, the Federal Reserve reported in its Beige Book