United States · Beige Book · NSA
Beige Book wage growth (Chartlas reading): 71.4 in Oct 2026, up from 70.5 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 | — | 71.4 | +0.9 |
| Sep 2026 | — | 70.5 | −11.0 |
| Jul 2026 | — | 81.5 | +10.1 |
| Jun 2026 | — | 71.4 | +6.3 |
| Apr 2026 | — | 65.1 | −14.9 |
| Mar 2026 | — | 80.0 | +32.0 |
| Jan 2026 | — | 48.0 | −0.3 |
| Nov 2025 | — | 48.3 | −19.7 |
| Oct 2025 | — | 68.0 | +15.9 |
| Sep 2025 | — | 52.1 | −6.4 |
| Jul 2025 | — | 58.5 | +20.5 |
| Jun 2025 | — | 38.0 | −30.9 |
Source: Beige Book, Board of Governors of the Federal Reserve System. The tone and uncertainty measures are Chartlas's own reading of the text.