posted on 02 March 2016
The consolidated economic report from the 12 Federal Reserve Districts (Beige Book) "indicate that economic activity expanded in most Districts since the previous Beige Book report". The previous report said "indicated that economic activity has expanded in nine [of 12] of the Districts since the previous Beige Book report". My interpretation is that the Fed is saying the rate of economic expansion has slowed again - but are saying the USA is not in a recession.
Please see the end of this post for words the Federal Reserve uses when the economy is entering a recession.
This report is based on information collected on or before 22 February 2016. The summary for this 02 March 2016 release reads as follows:
Click the "source" hyperlink below to read the full report.
The Beige Book is a summary of current economic conditions:
Fed's Words When Economy is entering a Recession
For the December 2007 recession, here is the lead up summary words from the Beige Books:
For the March 2001 recession which ended in November 2001, here are the Beige Book summary words:
Source: Federal Reserve
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