Federal Reserve Bank of New York Issues Beige Book on on Jan. 14, 2026
January 16, 2026
January 16, 2026
WASHINGTON, Jan. 16 -- The Federal Reserve Bank of New York issued the following Beige Book on Jan. 14, 2026:
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Summary of Economic Activity
Economic activity in the Second District continued to decline modestly this period. Manufacturing activity edged down after increasing last period and service sector activity continued to slump. Employment declined slightly and wage growth remained modest, with ongoing reports of layoffs at major employers in the r . . .
* * *
Summary of Economic Activity
Economic activity in the Second District continued to decline modestly this period. Manufacturing activity edged down after increasing last period and service sector activity continued to slump. Employment declined slightly and wage growth remained modest, with ongoing reports of layoffs at major employers in the r . . .