Federal Reserve Bank of New York Issues Beige Book - March 6, 2024
March 06, 2024
March 06, 2024
WASHINGTON, March 6 (TNSres) -- The Federal Reserve Bank of New York issued the following Beige Book:
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Summary of Economic Activity
After a period of sustained weakness, economic activity in the Second District flattened this reporting period. Labor market conditions remained solid as employment grew slightly and wage growth picked up to a moderate pace. The pace of selling price increases remained modest for most services but picked up for manufacture . . .
* * *
Summary of Economic Activity
After a period of sustained weakness, economic activity in the Second District flattened this reporting period. Labor market conditions remained solid as employment grew slightly and wage growth picked up to a moderate pace. The pace of selling price increases remained modest for most services but picked up for manufacture . . .