Board of Governors of the Federal Reserve System

Summary Districts Boston New York Philadelphia Cleveland Richmond Atlanta...Economic conditions in the Third District improved marginally in March

Summary Districts Boston New York Philadelphia Cleveland Richmond Atlanta...economic conditions and remain optimistic about the near-term economic

of, and demand for, bank loans to businesses and households over the past...economic outlook was a very important reason for tightening standards

economic agents. To keep the growth of the capital stock in line with ...economic crises in East Asia beginning in 1997 followed by the financial

Summary Districts Boston New York Philadelphia Cleveland Richmond Atlanta...end-of-year fees on unsold vehicles. Business spending The pace of business

Summary of Commentary on Current Economic Conditions by Federal Reserve...Summary Prepared at the Federal Reserve Bank of Chicago and based on information

of, and outlook for, the U.S. banking system and laid the groundwork for...economic interests of the United States. We need a banking system that

Summary Districts Boston New York Philadelphia Cleveland Richmond Atlanta...economic slowdown, higher oil prices, or terrorism as sources of risk

projections and an unobserved components model, we find that the re- sponse...projections. We then use a well-known model from the monetary policy literature

SummaryFederal Reserve Bank of BostonFederal Reserve Bank of New YorkFederal...economic activities. The Beige Book serves as a regular summary of this