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 The Beige Book, a compilation of regional economic assessments from the 12 Federal Reserve district banks, serves as a valuable tool forinvestors, policymakers, and market analysts. Named after the color of its cover, the Beige Book is issued about two weeks before every Federal Open Market Committee (FOMC) meeting. It provides a comprehensive overview of the economic conditions in different regions of the United States, based on surveys and anecdotes from local business leaders and economists. The Beige Book's main find... more

 The regional Federal Reserve indices play a crucial role in providing insights into the economic conditions of different regions within the United States. As the Federal Reserve district banks issue monthly surveys of business sentiment in their respective areas, these regional indices offer a close-up view of the manufacturing sector and overall business conditions in specific regions. While they are essential on their own, their significance multiplies as they offer valuable cues about subsequent national sentiment surveys,... more