The Kansas City Public Library

FRB: Beige Book--Kansas City--October 14, 1980

Publication Date:
1980
Author(s):
Federal Reserve Board
Sponsoring Organization(s):
Federal Reserve Board
Description:
Growing concern about the future prospects for business activity is apparent among Tenth District businessmen. An increasing pessimism is evident among auto dealers and in the homebuilding industry, as rising interest rates appear to be dampening activity in those sectors. Lighter inventories are being sought by retailers, and manufacturers are trying to reduce materials inventories. Meat supplies, now plentiful, are expected to tighten next year, bringing higher prices. Loan demand at District banks is generally flat, and deposits are growing moderately. | *""Commonly known as the Beige Book, this report is published eight times per year. Each Federal Reserve Bank gathers anecdotal information on current economic conditions in its District through reports from Bank and Branch directors and interviews with key business contacts, economists, market experts, and other sources." The 10th district of the Federal Reserve is headquartered in Kansas City, but also includes Omaha, Oklahoma City, Denver and their surrounding regions.
Topic(s):
Banks and banking, Business, Consumption (Economics), Employment, Mass production, Natural resources, Shipping, Tourism, Wages, Business and Economics
State(s):
Kansas; Missouri
Document Type:
Report
Language:
English
Source:
Federal Reserve Bank of Minneapolis Website
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