-
-
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 June 2 and June 9. Download the full report 
|
|||
|
Business activity in the region’s service sector continued to decline in June, according to firms responding to the Federal Reserve Bank of New York’s Business Leaders Survey. The survey’s headline business activity index edged up three points but held below zero at -13.2. The business climate index remained firmly negative at -48.3, suggesting the business climate continued to be considerably worse than normal. Employment edged slightly lower, and wage growth dropped to its slowest pace in more than four years. Supply availability worsened significantly. Input price increases picked up, while selling price increases were little changed. Firms remained pessimistic about the outlook, though less so than in the prior couple of months.
Activity Continues to Decline
Business activity fell for a fourth consecutive month in the New York-Northern New Jersey region, according to the June survey. The headline business activity index remained negative at -13.2. Twenty-two percent of respondents reported that conditions improved over the month while 35 percent said that conditions worsened. The business climate index remained well below zero at -48.3, with fifty-six percent of respondents saying that the business climate was worse than normal. Employment Edges Lower
The employment index moved down two points to -2.5, pointing to a small decline in employment levels. The wages index sank nine points to 19.4, its lowest level in more than four years, indicating that wage growth slowed. The prices paid index jumped eight points to 66.5, its highest level in more than two years, a sign that input price increases picked up. The prices received index was little changed at 21.0. The supply availability index was similar to last month at -17.2, suggesting that supply availability continued to worsen. Outlook Remains Pessimistic
Firms remained pessimistic about the outlook, but less so than in April and May. The index for future business activity climbed nineteen points, but remained negative at -9.3, suggesting firms expect activity to decline in the months ahead. The index for the future business climate remained negative at -28.3, indicating the business climate is expected to continue to be worse than normal. Supply availability is expected to worsen, and capital spending plans remained negative. 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
|
18
|
|
SEP
|
OCT
|
NOV
|
DEC
|
|
16
|
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 |
