-
-
The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
Do you have a request for information and records? Learn how to submit it.
Learn about the history of the New York Fed and central banking in the United States through articles, speeches, photos and video.
-
-
-
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.
Need to file a report with the New York Fed? Here are all of the forms, instructions and other information related to regulatory and statistical reporting in one spot.
The New York Fed works to protect consumers as well as provides information and resources on how to avoid and report specific scams.
-
-
-
The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
The growing role of nonbank financial institutions, or NBFIs, in U.S. financial markets is a transformational trend with implications for monetary policy and financial stability.
The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
-
-
A monthly survey of service firms in New York State, northern New Jersey, and southwestern Connecticut, conducted by the New York Fed.
|
|
|||
 |
|||
|
Note: Survey responses were collected between September 2 and September 9. Download the full report 
|
|||
|
Business activity declined significantly in the region’s service sector in September, according to firms responding to the Federal Reserve Bank of New York’s Business Leaders Survey. The survey’s headline business activity index fell eight points to -19.4, its lowest reading in several months. The business climate index remained negative at -40.7, suggesting the business climate remained worse than normal. Employment edged lower, and wage growth remained modest. Supply availability continued to worsen. Input and selling price increases remained elevated but were little changed from last month. Firms remained pessimistic about the outlook.
Activity Continues to Decline
Business activity fell for a seventh consecutive month in the New York-Northern New Jersey region, according to the September survey. The headline business activity index moved down eight points to -19.4, its lowest level since April. Eighteen percent of respondents reported that conditions improved over the month while 37 percent said that conditions worsened. The business climate index remained negative at -40.7, with over half of respondents saying that the business climate was worse than normal. Employment Edges Lower
The employment index moved down four points to -2.9, suggesting employment edged lower. The wages index held steady at 28.2, indicating that wages increased at about the same pace as in the last couple of months. The prices paid index remained elevated at 63.2, while the prices received index held steady at 32.2, pointing to widespread price increases. The supply availability index remained negative at -9.6, indicating that supply availability continued to worsen. Pessimistic Outlook Persists
The index for future business activity remained negative at -5.8, and the index for the future business climate held well below zero, suggesting firms continued to be pessimistic about the outlook. The index for future prices paid remained elevated, and the index for future prices received edged up again this month, reaching its highest level in more than three years, suggesting firms expect widespread price increases in the months ahead. Supply availability is expected to worsen, and capital spending plans were soft. Contacts Tech help: nyrsf.webteam@ny.frb.org Questions about survey/data: richard.deitz@ny.frb.org or (716) 849-5025 |
|||
2025
|
JAN
|
FEB
|
MAR
|
APR
|
|
16 report
|
19 report
|
18 report
|
16 report
|
|
May
|
JUN
|
JUL
|
AUG
|
|
16 report
|
17 report
|
16 report
|
18 report
|
|
SEP
|
OCT
|
NOV
|
DEC
|
|
16 report
|
16
|
18
|
16
|
Historical Reports >>
|
Latest Report including charts of diffusion indexes Historical Tables |
|||||
| All Data csv Data definitions 2 pages / 10 kb |
||||
|
||||
|
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 |
