Assignment:
First go to www.federalreserve.gov/otherfrb.htm. to locate your district.
Visit the Federal Reserve's Web site.
Website: www.federalreserve.gov
Hover over the third tab, "Monetary Policy" and click on Reports and then Beige Book to retrieve the summary report for current economic conditions by Federal Reserve District. Select the most current report. Then select the District where you live, have lived in the past, or where you are from originally (go to www.federalreserve.gov/otherfrb.htm to locate your district).
In the subject of your post, please indicate which district you are writing about (e.g. Atlanta District).
What are some highlights of the report regarding Retail Sales, Consumer Spending, Real Estate and Construction, Manufacturing, Labor and Prices, etc. during the most recent period? In your opinion, how did your district perform compared to other districts and the U.S. in general? Given the current state of the U.S. economy, what monetary policy changes would you suggest that would be beneficial to your district at this time and why?