Beige Book points to slowing downturn

The Federal Reserve's Beige Book, a survey of economic conditions compiled by the 12 regional Feds, has provided further evidence that the rate at which the United States economy is shrinking is falling.

Ben Bernanke, the Fed chairman, and Barack Obama, the president, both spoke earlier this week of the declining pace of the economic contraction. And the latest Beige Book would appear to corroborate their comments.

The report noted that the five of the 12 districts - the second, fifth, seventh

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.