Forum Description

To successfully complete this activity, do the following:

1. Go to the Federal Reserve Web site, www.federalreserve.gov;
2. Select “About the Fed,” then “The Federal Reserve System,” and then “Districts and Banks.”
3. Find your Federal Reserve District (or, if you are not from the United States, select one).
4. Return to the Fed home page and select “Monetary Policy,” then “Reports,” and then “Beige Book.”

After completing steps 1-4, respond to the following prompt:

What is the Beige Book? Locate the current Beige Book report and compare consumer spending for the entire U.S. economy with consumer spending in your Federal Reserve District. What are the economic strengths and weaknesses in both? Are retailers reporting that recent sales have met their expectations? What are their expectations for the future?

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