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Economic Perspectives, Vol. 39, 3rd, 2015
The Chicago Fed Survey of Business Conditions: Quantifying the Seventh District’s Beige Book Report

In this article, the authors describe a new survey methodology used by the Federal Reserve Bank of Chicago in constructing the Seventh District’s Beige Book report called the Chicago Fed Survey of Business Conditions (CFSBC). The design of the survey allows the authors to create a new set of quantitative indexes that track economic activity in real time.

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