I’m studying and need help with a Macro Economics question to help me learn.
This discussion board requires two postings. The Summary of Commentary on Current Economic Conditions by Federal Reserve District is known as the Beige Book. The Beige Book is published by the Federal Reserve system 8 times a year. The publication provides an overall summary of the state of the US economy as well a summaries for the 12 Federal Reserve Districts. The 12 districts are known by their regional headquarters or Federal Reserve Bank. The districts are 1 Boston, 2 New York, 3 Philadelphia, 4 Cleveland, 5 Richmond, 6 Atlanta, 7 Chicago, 8 St. Louis, 9 Minneapolis, 10 Kansas City, 11 Dallas, and 12 San Francisco. If you will notice, I have assigned a number to each region.
Locate the Beige Book on the web. In the most current publication, read the overall national summary and the regional summary for the region that corresponds to your birth month. I was born in October so my region would be number 10 Kansas City. After reading the two summaries you have been assigned, write at least a 150-word posting that identifies how your regional summary compares to the national summary. Include in your posting in what ways your region matches the nation and in what ways it does not.
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