Green Shoots on Main Street
We’ve talked a lot about green shoots in the U.S. economy recently. A slew of recent data has pointed to a rebound in growth from a disappointing first quarter hampered by global headwinds. Last week, we gathered more clues on a potential recovery from an uptick in business sentiment in the Federal Reserve’s (Fed) Beige Book [Figure 1].
Window on Main Street
Economic reports are important for clues on economic health and macro trends, but the Beige Book, which the Fed produces eight times a year, provides a window into Main Street’s perspective, offering valuable color on how larger trends are... Read more