The Beigies: Some Economic Bright Spots
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.