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The latest Annual Report chronicles the impact of Federal Reserve policies and includes data on the New York Fed's operations.
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The Center for Microeconomic Data offers analysis and data exploring individual-level financial and nonfinancial economic conditions, expectations, and behavior in the United States.
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The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
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The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
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The Community Credit interactive highlights credit conditions, including measures of credit inclusion and stress, at the national, state and county levels.
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A monthly survey of service firms in New York State, northern New Jersey and southwestern Connecticut, conducted by the New York Fed.
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Download the full report  Read this month's Supplemental Survey Report on effects of recent changes in trade policies |
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Activity in the region’s service sector continued to expand, according to firms responding to the Federal Reserve Bank of New York’s August 2019 Business Leaders Survey.The survey’s headline business activity index was little changed at 9.1. The business climate index held slightly above zero, indicating that on balance, firms regarded the business climate as better than normal. Employment levels rose modestly, and wage increases picked up. The prices paid index moved down seven points to 42.0, its lowest level in nearly two years, while the prices received index increased five points to 21.7. Optimism was slightly lower than last month, with the index for future business climate remaining below zero for a third consecutive month.
Modest Growth Continues
Business activity continued to grow in the region’s service sector in August. The headline business activity index held steady at 9.1. Thirty-four percent of respondents reported that conditions improved over the month, and 25 percent said that conditions worsened. The business climate index edged down to 2.8, its positive reading indicating that, on balance, firms viewed the business climate as better than normal. Input Price Increases Slow, while Selling Price Increases Pick Up
The employment index was little changed at 8.0, pointing to a modest increase in employment levels. The wages index climbed five points to 40.9, suggesting that wage gains picked up. The prices paid index fell seven points to 42.0, indicating a slower pace of input price increases than last month; with this month’s decline, the index has fallen a cumulative 17 points since February. The prices received index moved up five points to 21.7, pointing to a pickup in selling price increases. The capital spending index was little changed at 17.8. Optimism Slightly Less Widespread
Firms were somewhat less optimistic about the six-month outlook. The index for future business activity fell three points to 25.0, and the index for future business climate declined seven points to -8.0, its third consecutive reading below zero. The indexes for future wages and future employment both moved slightly lower, and the index for planned capital spending came in at 21.3. Contacts Tech help: nyrsf.webteam@ny.frb.org Questions about survey/data: richard.deitz@ny.frb.org or (716) 849-5025; jason.bram@ny.frb.org or (212) 720-5651 |
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Released at 8:30 a.m.
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2019
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Historical Reports >>
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Latest Report including charts of diffusion indexes Historical Tables |
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| All Data csv Data definitions 2 pages / 10 kb |
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The Business Leaders Survey is a monthly survey conducted by the Federal Reserve Bank of New York that asks companies across its District - which includes New York State, Northern New Jersey, and Fairfield County, Connecticut - about recent and expected trends in key business indicators. This survey is designed to parallel the Empire State Manufacturing Survey, though it covers a wider geography and the questions are slightly different. Participants from the service sector respond to a questionnaire and report on a variety of indicators, both in terms of recent and expected changes. While January 2014 is the first published report, survey responses date back to September of 2004 and all historical data are available on our website. Contacts |
