Federal Reserve Bank of New York Issues May 2026 Beige Book
June 04, 2026
June 04, 2026
WASHINGTON, June 4 -- The Federal Reserve Bank of New York issued the following May 2026 Beige Book:
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Summary of Economic Activity
Economic activity in the Second District increased slightly after a sustained period of weakness. Manufacturing and distribution activity rose strongly, while service sector activity declined modestly. Employment edged up slightly, and wage growth eased somewhat but remained modest. The pace of selling price increases picke . . .
* * *
Summary of Economic Activity
Economic activity in the Second District increased slightly after a sustained period of weakness. Manufacturing and distribution activity rose strongly, while service sector activity declined modestly. Employment edged up slightly, and wage growth eased somewhat but remained modest. The pace of selling price increases picke . . .