Federal Reserve Bank of New York Issues Beige Book for Dec. 2, 2020
December 04, 2020
December 04, 2020
WASHINGTON, Dec. 4 -- The Federal Reserve Bank of New York issued the following Beige Book for Dec. 2, 2020:
Summary of Economic Activity
Economic activity in the Second District economy was flat in the latest reporting period. The labor market has remained weak, with employment in most industry sectors essentially unchanged. Input prices continued to rise moderately, while selling prices were little changed. Consumer spending has been little changed at subdued levels, . . .
Summary of Economic Activity
Economic activity in the Second District economy was flat in the latest reporting period. The labor market has remained weak, with employment in most industry sectors essentially unchanged. Input prices continued to rise moderately, while selling prices were little changed. Consumer spending has been little changed at subdued levels, . . .