Fed June Beige Report Marks Price and Wage Increase : Planet Money : The Indicator from Planet Money The Indicator gives out the special Beigie Award eight times each year, and it's that time today! We are honoring the Federal Reserve branch that told the story of beef. Yes, premium cuts!

Wagyu Steaks And Worker Shortages: The Beigie Awards

Wagyu Steaks And Worker Shortages: The Beigie Awards

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PHILIPPE LOPEZ/AFP via Getty Images
(PHILIPPE LOPEZ/AFP/GettyImages)
PHILIPPE LOPEZ/AFP via Getty Images

Each year the Federal Reserve Board and its twelve branches publish the Beige Book, AKA the Summary of Commentary on Current Economic Conditions. The report is full of anecdotes and analysis. It's a must-read for those interested in how the economy is doing in real terms.

The Indicator loves the Beige Book. In fact, we are known for hosting the Beigie Award. The Federal Reserve branch that writes the most memorable story or fact wins this prestigious award and puffs up its chest against its eleven siblings, for the time being...

This time, we are pleased to announce the winner of the latest Beigies for ... the Chicago Federal Reserve Bank. We speak with economist Tom Walstrum about an outstanding section covering, wait for it, premium meat, fine wine, and seafood! Stay tuned for more.

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