Eight occasions a yr, a really particular occasion occurs: the discharge of the Beige Ebook, AKA “The Abstract Of Commentary On Present Financial Situations.” However individuals within the know name it the Beige Ebook… as a result of the duvet is beige.
The Federal Reserve Financial institution of the U.S. is damaged up into districts that cowl completely different components of the US. The economists at every of those regional banks make a bunch of calls to native enterprise homeowners, staff and business consultants and get little anecdotes from individuals about how issues are on the lookout for them. They then collect up all of those tales and put them collectively in a report or chapter of the Beige Ebook.
To honor these economist story-tellers, we created an award for the story or anecdote that greatest captures some a part of the economic system or actually brings one thing to life. For this version, the Beigie goes to… the Federal Reserve Financial institution of Boston!
We converse with economist Mary Burke of the Boston Fed and Ian Burnett of The Fish and Bone in Boston about one part of the economic system that has been booming through the pandemic: pets!