Federal Reserve Reports

For those of you who didn’t know the U.S. Federal Reserve System (Fed) publishes quarterly reports on
four very important sectors of the U.S. economy.

Household Finance
(Consumer Credit)

Money Stock and Reserve Balances
(Factors Affecting Reserve Balances)

Money Stock and Reserve Balances
(Money Stock Measures)

The reports are very valuable since in them you find un-filtered economic and financial data compiled by the Fed and disseminated without the fuss and fanfare that normally accompanies statements made by Fed Chairman Ben Bernanke. An important distinction when one considers how differently we express ourselves on paper versus verbally. I’m not saying the data you find on the four reports is perfect in reflecting where the U.S. economy is heading, but it usually is more accurate than Mr. Bernanke’s statements. To get the reports go to the Fed website http://www.federalreserve.gov and click on the tab titled Economic Research and Data.