June Burgundy Book Paints a Mixed Economic Picture for the Memphis Regional Economy

ST. LOUIS - The June edition of the Burgundy Book, the Federal Reserve Bank of St. Louis’ quarterly summary of detailed economic information and data for the Memphis region, is now available.  The Memphis region covers 21 counties in western Tennessee and 39 counties in northern Mississippi.  (To view online visit the Bank’s Web site: https://research.stlouisfed.org/regecon/district.html)

In addition, MP3 audio clips highlighting the Burgundy Book can be heard at: http://stlouisfed.org/newsroom/multimedia/audio.cfm.  The audio clips feature St. Louis Fed economist Alejandro Badel commenting on several important economic indices in the St. Louis region, including labor and housing market conditions. (NOTE: Reporters who prefer to interview Mr. Badel directly should contact the St. Louis Fed.)

The St. Louis Fed will also release separate, detailed reports on the economies in its Little Rock, Ark., Louisville, Ky., and St. Louis, Mo., regions on the same day and time.

Future releases of the 2011 Burgundy Books are planned for Sept. 30 and Dec. 23.  Each date is approximately two weeks after the release of the Beige Book.