Over the past three Beige Books, the BBB
has averaged +100, the highest reading over
any three consecutive Beige Books since at
The latest Beige Book indicates to us that the
negative headwinds that have held the U.S.
economy back over the past seven years may
finally be abating.
Health care and the ACA have remained a
consistent source of concern among Beige
Book respondents, although the impact has
faded a bit recently.
Despite the recent barrage of bad news on...