by WhenLuggageAttacks
Wall Street Journal Article – Link for Subscribers
Wall Street Journal Article – Link for Non-subscribers
tl;dr – The report, known as the beige book, was based on information collected through Jan. 7. With the usual flow of economic data constricted by the partial government shutdown, the anecdotes compiled in the beige book will be carefully scrutinized by investors and Fed officials looking for signs of slowing growth. The report paints a generally positive picture for the U.S. economy but reveals an undercurrent of worry among American businesses that could cause them to pare back expansion plans this year.
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