Federal Reserve Bank of New York Issues Beige Book - May 29, 2024
May 30, 2024
May 30, 2024
WASHINGTON, May 30 (TNSres) -- The Federal Reserve Bank of New York issued the following Beige Book on May 29, 2024:
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Summary of Economic Activity
On balance, economic activity in the Second District grew slightly in the latest reporting period. The labor market remained solid, with ongoing slight employment gains and moderate wage growth. Still, labor demand and labor supply continued to come into better balance. Selling price increases remained modes . . .
* * *
Summary of Economic Activity
On balance, economic activity in the Second District grew slightly in the latest reporting period. The labor market remained solid, with ongoing slight employment gains and moderate wage growth. Still, labor demand and labor supply continued to come into better balance. Selling price increases remained modes . . .