The Beige Book reveals bright spots in a coronavirus economy. : The Indicator from Planet Money The Federal Reserve's Beige Book focuses on stories from the economy. The latest edition shows some hopeful points of light in an otherwise gloomy economic landscape. | Support The Indicator here.
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The Beigies: Some Economic Bright Spots

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The Beigies: Some Economic Bright Spots

The Beigies: Some Economic Bright Spots

The Beigies: Some Economic Bright Spots

  • Download
  • <iframe src="https://www.npr.org/player/embed/942449312/942483779" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
Dan Istitene - Formula 1/Formula 1 via Getty Images
The trophies are pictured on the podium during the F1 Grand Prix of Bahrain at Bahrain International Circuit on November 29, 2020 in Bahrain, Bahrain. (Photo by Dan Istitene - Formula 1/Formula 1 via Getty Images)
Dan Istitene - Formula 1/Formula 1 via Getty Images

Eight times a year, the Federal Reserve publishes a report about the economy called The Summary Of Commentary On Current Economic Conditions, also known as The Beige Book for its beige cover.

The Beige Book has become noteworthy because unlike other economic reports, it isn't filled with graphs or explanations of complicated economic trends.

The Beige Book focuses on stories.

Member Federal Reserve Banks around the country talk to local businesses to get a qualitative account of microeconomic trends in their area — and each year, Team Indicator picks its favorite stories.

Planet Money's Robert Smith joins the show for The 2020 Beige Awards. This year, we celebrate some of the bright spots in the economy.