United States · Beige Book · NSA
Beige Book employment (Chartlas reading): 36.8 in Oct 2026, down from 40.4 in Sep 2026.
Next release: 25 Nov 2026.
Chartlas readings of the Federal Reserve's Beige Book, published eight times a year two weeks before each FOMC meeting: the balance of positive and negative descriptions in the book's text, from -100 to 100, for overall tone, prices, employment, wages and profit margins, and how often it mentions uncertainty.
| Period | First print | Latest | Change |
|---|---|---|---|
| Oct 2026 | — | 36.8 | −3.6 |
| Sep 2026 | — | 40.4 | +20.4 |
| Jul 2026 | — | 20.0 | +11.2 |
| Jun 2026 | — | 8.8 | −7.9 |
| Apr 2026 | — | 16.7 | +2.9 |
| Mar 2026 | — | 13.8 | +13.8 |
| Jan 2026 | — | 0.0 | +42.9 |
| Nov 2025 | — | −42.9 | −7.3 |
| Oct 2025 | — | −35.6 | −11.8 |
| Sep 2025 | — | −23.8 | −14.7 |
| Jul 2025 | — | −9.1 | +32.2 |
| Jun 2025 | — | −41.3 | −18.6 |
Source: Beige Book, Board of Governors of the Federal Reserve System. The tone and uncertainty measures are Chartlas's own reading of the text.