NEW YORK—On Wednesday, June 4 at 10:00 AM ET, the Federal Reserve Bank of New York will release a Liberty Street Economics blog post providing insights on the effects of tariffs on manufacturing and service sector firms in the New York–Northern New Jersey region.
The blog post discusses recent tariffs firms have faced, the extent to which rising tariffs have increased costs, and whether firms are absorbing tariff-induced cost increases or are passing them on to their customers by raising prices. The post also looks at how firms are adjusting their operations in response to higher tariffs.
The findings in this blog post are based on our Regional Business Surveys: Special Topics May report, an extension of the Empire State Manufacturing Survey and Business Leaders Survey , which focuses on special topics and challenges affecting firms.
Press Call on the May Regional Business Surveys: Special Topics Blog Post:
Authors of the blog post will host a deep background press call on Wednesday, June 4 at 9:00 AM ET to provide further context on the research. Journalists interested in participating must RSVP to Connor Munsch at Connor.Munsch@ny.frb.org.
