The New York Fed will provide an update on conditions in the region’s housing market as well as an initial assessment of the regional economic impact of Superstorm Sandy.
Bank staff will speak on housing conditions in the region, with a focus on home prices, sales activity, delinquencies and foreclosures.
Staff will also discuss Superstorm Sandy’s impact on the regional economy – examining the situation today and some potential effects going forward. In addition, the briefing will look at the storm’s impact on small businesses, relating some real life examples gathered from the Bank’s discussions with business owners.
A staff panel will answer questions from the media following the presentation.
This event is part of the Bank’s Regional Economic Press Briefing Series.
Limited to members of the media. Please RSVP in advance by contacting Kevin Sajdak at firstname.lastname@example.org or 212-720-6143. All attendees must bring valid photo identification for entry.
Members of the media located outside New York City can participate via Webcast.