The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.
New York State Coincident Economic Index 1995 to present
In October, the New York State Index of Coincident Economic Indicators (CEI) increased at an annual rate of 4.5% following a 4.7% increase in September. The index has risen 4.0% over the past 12 months.