Federal Reserve Bank of New York Issues Beige Book on Sept. 3, 2025
September 05, 2025
September 05, 2025
WASHINGTON, Sept. 5 -- The Federal Reserve Bank of New York issued the following Beige Book on Sept. 3, 2025:
* * *
Summary of Economic Activity
Economic activity in the Second District continued to decline slightly as tariff-related uncertainty continued to weigh on businesses. Employment in the region was mostly unchanged during the reporting period, and wage growth remained modest. Selling prices rose at a moderate pace, marking some acceleration since t . . .
* * *
Summary of Economic Activity
Economic activity in the Second District continued to decline slightly as tariff-related uncertainty continued to weigh on businesses. Employment in the region was mostly unchanged during the reporting period, and wage growth remained modest. Selling prices rose at a moderate pace, marking some acceleration since t . . .