Fed revises its format for the Beige Book

The US central bank, the Fed, will change its format for its Beige Book that it generally releases on the Wednesday two weeks prior to each FOMC meeting. 

Key Changes:

“The modifications will standardize specific core topics included in each of the 12 Federal Reserve Bank District reports, provide a more consistent presentation of the national summary, and enhance the design of the publication.”

“The national summary, along with each District report, will consistently cover three core topics: overall economic activity, employment and wages, and prices.”

“Each District report will continue to include other topics or industry-specific reports of particular interest in that District.”

“Additionally, the national summary will include highlights from each District.”