Beige Book Adds Worker and Women and Minority Business : The Indicator from Planet Money It's Beigies season! We honor the Federal Reserve Bank that added two new sections to their Beige Book entry: Worker experience and Minority- and Women- owned Business Enterprises.
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A Beige Revolution - Shaking up the Beige Book

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A Beige Revolution - Shaking up the Beige Book

A Beige Revolution - Shaking up the Beige Book

A Beige Revolution - Shaking up the Beige Book

  • Download
  • <iframe src="https://www.npr.org/player/embed/988122645/988277060" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
Elaine Cromie/Getty Images
(Photo by Elaine Cromie/Getty Images)
Elaine Cromie/Getty Images

It is that time again! That very special time that comes only eight times a year: the release of the Beige Book, AKA "The Summary Of Commentary On Current Economic Conditions." But people in the know call it the Beige Book... because the cover is beige.

The Beige Book is a report published by the Federal Reserve bank of the United States. Each of the 12 Fed banks around the country contribute a chapter, and we love the Beige Book. It's an economic report but instead of numbers, the Beige Book relies on stories and anecdotes.

So economists at Federal Reserve banks all across the country start calling local businesses and companies asking them: "What's up? How are things in your sector of the economy?" Each of those reports from each of those banks then becomes a chapter in the Beige Book. Here at the Indicator, we have a special place in our hearts for the Beige Book, so when it comes out, we like to find a particular anecdote or fact that we think rises above the rest and present it with an award.

For this edition of the Beigies, we have a very special award for... the Federal Reserve Bank of Minneapolis! We speak with Joe Mahon about the two new sections that the Minneapolis Fed has added to their Beige Book entry: Worker experience and Minority- and Women- owned Business Enterprises.

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