Beige Book, September 8, 2021

The record

Jurisdiction

United States

Level

Federal

Authority

Beige Book (Summary of Commentary on Current Economic Conditions by Federal Reserve District)

Issued

2021-09-08 Sept. 8, 2021

Effective

Reporting period July-August 2021 (read as 2021-09-08)

In force

Sept. 8, 2021 to Sept. 30, 2021

Quarters

2021 Q3

2020 Q22020 Q32020 Q42021 Q12021 Q22021 Q3

Limitation types

Other

Addressees

• public

Functions reached

• SC
• SR
• MK
• CB

Collection

Dealers and Repair Shops SEC-08

Operative words

'weakness in auto sales was widely ascribed to low inventories amidst the ongoing microchip shortage'; New York District: 'An increasingly severe shortage of auto inventories has led to weakening sales of new vehicles in recent weeks. Dealers perceive no end in sight to the microchip shortage that has severely limited their inflow of new vehicles. At this point, new cars being delivered to dealers are largely already spoken for'; 'rising concerns about the Delta variant and the extension of federal restrictions on foreign visitors have constrained activity and led to the cancellation of summer events, such as the Fancy Foods Show and the Auto Show'

Enforcement