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The Beige Book is a Federal Reserve System publication about current economic conditions across the 12 Federal Reserve Districts. It characterizes regional economic conditions and prospects based on reports from Bank and Branch directors and interviews with key business contacts, economists, and market experts. The report is published eight times per year before each FOMC meeting to provide a detailed picture of the national economy.
Qualitative data is gathered by each Federal Reserve Bank through interviews and anecdotal evidence from business leaders and community organizations. It is not a statistical report but rather a summary of regional economic sentiment and trends.
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