Supplemental Survey Report

This report summarizes responses to topical questions posed periodically in the New York Fed’s Empire State Manufacturing Survey and Business Leaders Survey.

May 2024: Supply Disruptions
About a third of service firms and 48 percent of manufacturing firms reported at least some difficulty obtaining the supplies they needed over the past month, in response to special questions focused on supply chain disruptions in the New York Fed’s May business surveys. These shares were considerably smaller than in October 2021, when 80 percent of service firms and 94 percent of manufacturing firms reported such difficulties. Roughly a quarter of service firms and 43 percent of manufacturers said that supply disruptions were impeding business activity, and 23 percent of service firms and 38 percent of manufacturing firms indicated that they raised selling prices because of supply disruptions.

Read the full report “Supply Chain Disruptions, While Easing, Remain a Concern.”

See related analysis on Liberty Street Economics:
Supply Chain Disruptions Have Eased, But Remain a Concern


Related Reading
Additional research and data from our Regional team:
Regional Economy

Reports

2024

May Supply Disruptions
Supply Chain Disruptions, While Easing, Remain a Concern

Related reading: Liberty Street Economics post
February Trends in Costs, Prices, Wages, and Inflation
Businesses Expect Costs, Prices, Wages, and Inflation to Continue Moderating

Related reading: Liberty Street Economics post

2023

November Workforce Issues
Firms Expect Continued Hiring, but at a Slower Pace
August Trends in Remote Work
Businesses Expect Current Amount of Remote Work to Persist into Next Year

Related reading: Liberty Street Economics post
May Credit Access and Credit Conditions
Businesses Report Only Minor Deterioration in Recent Credit Conditions, but Remain Cautious in the Near Term
February Expected Changes in Workforce and Wages; Minimum Wage Effects
Wages Up 5-6 Percent in the Past Year; Gains Expected to Moderate over the Next Year

2022

December Selling Prices, Input Prices, and Overall Inflation
Businesses Foresee Inflation Moderating Next Year
November Workforce Issues
Firms Struggling to Expand Workforce
August Trends in Remote Work
Service Sector Businesses See Remote Work Persisting

Related reading: Liberty Street Economics post
May Expected Selling Prices and Overall Inflation
Businesses See Inflation Moderating after Next Year

Related reading: Liberty Street Economics post
February Labor and Supply Shortages, Absenteeism, and Minimum Wage
Businesses Hampered by Supply Disruptions, Labor Shortages, and Absenteeism

Related reading: Liberty Street Economics post

2021


December Prices Paid and Supply Disruptions
Businesses Report Sharp Acceleration in Most Costs
November Supply Chain and Workforce Issues
Supply Disruptions Seen Worsening; Firms Struggling to Expand Workforce
October Supply Disruptions
Supply Disruptions Taking a Toll on Many Businesses

Related reading: Liberty Street Economics post
August Difficulties in Filling Job Openings
Most Businesses Having Difficulty Filling Job Openings
June Sales Activity, Employment Levels, and Remote Work
Businesses Expect a Strong Half of 2021 and More Remote Working after the Pandemic
April Business Revenues, Constraints, and Wages
Business Revenues Seen Rebounding When Conditions Return to Normal

Related reading: Liberty Street Economics post
February Minimum Wage Effects and Supply Disruptions
Manufacturers Report More Unfilled Jobs, Note Fairly Widespread Supply Disruptions



Archive
Past Supplemental Survey Reports, 2014-20
Predecessor Reports (supplementing Empire survey only), 2008-13
About Supplemental Survey Report
The New York Fed’s core regional surveys query manufacturing and service sector firms on issues affecting their businesses. A Supplemental Survey Report now publishes four times per year.

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