June Burgundy Book Shows Mixed Economic Picture for 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, 13 counties in eastern Arkansas, 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, in English and Spanish, of highlights from the Burgundy Book can be heard at: http://www.stlouisfed.org/newsroom/multimedia/audio/20120622-burgundybooks.cfm.  The English audio clip features St. Louis Fed economic content coordinator Kristie Engemann, and the Spanish clip features St. Louis Fed economist Maria E. Canon commenting on several important economic indices in the Memphis region, including labor and housing market conditions.

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.

Additional Burgundy Books for 2012 will be released on Sept. 21 and Dec. 23.  The Burgundy Books are released approximately two weeks after the release of the Beige Book.