Federal Reserve Bank of New York Issues Beige Book for July 15, 2020
July 16, 2020
July 16, 2020
WASHINGTON, July 16 -- The Federal Reserve Bank of New York issued the following Beige Book for July 15, 2020:
Summary of Economic Activity
The Second District economy rebounded moderately in the latest reporting period, following a steep contraction, as the spread of the virus subsided and businesses began to reopen. Employment came off its lows across most industry sectors, while wages were steady, on balance. Input prices rose modestly, but selling prices were flat t . . .
Summary of Economic Activity
The Second District economy rebounded moderately in the latest reporting period, following a steep contraction, as the spread of the virus subsided and businesses began to reopen. Employment came off its lows across most industry sectors, while wages were steady, on balance. Input prices rose modestly, but selling prices were flat t . . .