September 7, 2011, Federal Reserve Beige Book report

The Beige Book is a report on economic activity in all 12 Federal Reserve districts. It’s all a narrative, so there are no charts and graphs to go with it. That makes Wordle a good way to look at the report.

Here it is with none of the district names removed from the Word cloud.

And here it is with the district names removed. Larger words show up more often in the report; smaller, less frequent. Of note, “hurricane,” “irene,” “weather,” and “Japanese” show up in the report (circled.)

 

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