The Federal Reserve Bank of San Francisco’s Beige Book was recognized on Mar. 12 with a “Beigie Award” from NPR’s Planet Money and featured in the podcast episode titled “Hawaii’s worker shortage goes NUTS: The Indicator from Planet Money.”
The recognition highlights the role of the Beige Book, which is formally known as the Summary of Commentary on Current Economic Conditions by Federal Reserve District. Each regional Federal Reserve Bank collects anecdotal information about economic conditions from businesses and community leaders, then summarizes these findings by district to report on key sectors and industries.
The San Francisco Fed Beige Book team includes Luiz Edgard Oliveira, Hamza Abdelrahman, Evgeniya Duzhak, Leila Bengali, Adam Shapiro, and Karen Barnes. The bank supports diverse district economies through regional engagement, according to the official website.
The Federal Reserve Bank of San Francisco is one of twelve regional banks in the Federal Reserve System and represents the largest district among them, according to its official website. It covers nine western states—Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah and Washington—as well as American Samoa, Guam and the Northern Mariana Islands.
Mary C. Daly has served as president and chief executive officer of the Federal Reserve Bank of San Francisco. The institution advances monetary, financial and payment systems to foster a stronger economy for Americans according to its official website.
This latest recognition by NPR underscores the ongoing importance of regional economic reporting in shaping national understanding of current conditions.
