Journal Article
Using Beige Book Text Analysis to Measure Supply Chain Disruptions
Kliesen, Kevin L.; Werner, Devin (2022-06-24)
Simple, automated text analysis can extract useful metrics about supply chain disruptions from the Beige Book.
Economic Synopses , Issue 18 , Pages 1-2

Journal Article
Does the Beige Book Reflect U.S. Employment and Inflation Trends?
Gascon, Charles S.; Werner, Devin (2022-06-03)
Simple, automated text analysis can extract useful metrics from the Beige Book.
Economic Synopses , Issue 13 , Pages 1-3

Journal Article
Regional Economic Sentiment: Constructing Quantitative Estimates from the Beige Book and Testing Their Ability to Forecast Recessions
Filippou, Ilias; Garciga, Christian; Mitchell, James; Nguyen, My T. (2024-04-16)
We use natural language processing methods to quantify the sentiment expressed in the Federal Reserve's anecdotal summaries of current economic conditions in the national and 12 Federal Reserve District-level economies as published eight times per year in the Beige Book since 1970. We document that both national and District-level economic sentiment tend to rise and fall with the US business cycle. But economic sentiment is extremely heterogeneous across Districts, and we find that national economic sentiment is not always the simple aggregation of District-level sentiment. We show that the ...
Economic Commentary , Volume 2024 , Issue 08 , Pages 8