The pheasant economic indicator

A pheasant in Lytham, north-west England.

This final note today, which comes with the observation that the government may still be shut down, but the Federal Reserve waits for no man.

The Fed came out with it's regular regional review of the economy today: The beige book.

One little tidbit to share, because some might say it's an interesting insight into the specificity with which the American economy is measured:

"South Dakota hotels noted that fall reservations by hunters decreased, due to a report that the number of pheasants in the state was down."

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Kai Ryssdal is the host and senior editor of Marketplace, public radio’s program on business and the economy.
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Hey Kai, if you've ever been to South Dakota you'd know what this is about. In a state where the pheasants out number the humans it adds up to big money. South Dakota is "the" place to go if you are a pheasant hunter. This is one of the big draws for the state aside of the Black Hills. So much so that an out of state hunter can only purchase a 10 day hunting licence. But, rest assured, according to the fish and game laws you can purchase as many of these as you like consecetivly. One of the reports I have read says that the reason that the legal start time for hunting pheasants is 12:00 noon in a lot of sections is two fold: one, the bird population is so high that your 3-bird limit is pretty much a guaranty , two, the longer the hunters are in town the more money they spend. Good old Heartland simple economics, eh?

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