Report

The Beige Book’s Value for Forecasting Recessions


Abstract: Can the Beige Book help to tell us when a recession is coming? This question arises from the Federal Reserve Board of Governors’ description of the publication: “The qualitative nature of the Beige Book creates an opportunity to characterize dynamics and identify emerging trends in the economy that may not be readily apparent in the available economic data.” The report consists of summaries of current economic conditions nationally and in each of the 12 Federal Reserve Districts based on anecdotal information gathered from each District’s business contacts.

JEL Classification: E3; E37; E58;

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File(s): File format is application/pdf https://www.bostonfed.org/-/media/Documents/Workingpapers/PDF/2025/cpp20251106.pdf
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Bibliographic Information

Provider: Federal Reserve Bank of Boston

Part of Series: Current Policy Perspectives

Publication Date: 2025-11-06

Number: 25-15