» Beige Book: Bottom-up Confirmation Decision Economics

Beige Book: Bottom-up Confirmation

Posted July 18, 2012 by Editor

[private]Beige Book reports–this time summarized by the Atlanta Fed in a handoff from the Dallas Fed work last time–are mixed, and downshifted very slightly from the previous round.¬† However, the incremental information adds nothing to the picture which national-level numbers have been painting, other than–not unimportantly–in confirming that a “bottom up” view matches the “top down” view.