Federal Reserve Bank's Beige Book Sees Sluggish Conditions in Several Regions

摘要

As we head into the final weeks of 2020, many industry executives are recalibrating their 2021 business forecasts and are searching for any and all economic data that may offer additional insight into where the electrical market may be headed. Electrical Marketing's editors thought that Federal Reserve's Beige Book report released earlier this week might provide an interesting macroeconomic perspective on the regional business climates in the Federal Reserve Bank's 12 districts. The Beige Book is published eight times annually and was released on Dec. 2. Following is an excerpt from this report.