Federal Reserve Bank of New York Issues October 2026 Beige Book
October 22, 2026
October 22, 2026
WASHINGTON, Oct. 22 -- The Federal Reserve Bank of New York issued the following October 2026 Beige Book:
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Summary of Economic Activity
Economic activity in the Second District increased slightly, led by strength in manufacturing. Elevated energy costs, tariffs, rising interest rates, and geopolitical and policy uncertainty weighed on businesses and consumers. Service sector activity was little changed, on balance. Employment was steady to up slightly, . . .
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Summary of Economic Activity
Economic activity in the Second District increased slightly, led by strength in manufacturing. Elevated energy costs, tariffs, rising interest rates, and geopolitical and policy uncertainty weighed on businesses and consumers. Service sector activity was little changed, on balance. Employment was steady to up slightly, . . .