Federal Reserve Bank of New York Issues Beige Book for Sept. 2, 2020
October 02, 2020
October 02, 2020
WASHINGTON, Oct. 2 -- The Federal Reserve Bank of New York issued the following Beige Book for Sept. 2, 2020:
Summary of Economic Activity
Economic growth in the Second District economy has stalled in the latest reporting period, even as the spread of the virus has remained subdued and more businesses have gradually reopened. Employment overall has been little changed, though retailers and wholesalers have reported staff increases, as more restrictions have been lifted. . . .
Summary of Economic Activity
Economic growth in the Second District economy has stalled in the latest reporting period, even as the spread of the virus has remained subdued and more businesses have gradually reopened. Employment overall has been little changed, though retailers and wholesalers have reported staff increases, as more restrictions have been lifted. . . .