Federal Reserve Bank of New York Issues Beige Book on June 3, 2026
June 04, 2026
June 04, 2026
WASHINGTON, June 4 -- The Federal Reserve Bank of New York issued the following Beige Book on June 3, 2026:
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Summary of Economic Activity
Economic activity in the Second District increased slightly after a sustained period of weakness. Manufacturing and distribution activity rose strongly, while service sector activity declined modestly. Employment edged up slightly, and wage growth eased somewhat but remained modest. The pace of selling price increase . . .
* * *
Summary of Economic Activity
Economic activity in the Second District increased slightly after a sustained period of weakness. Manufacturing and distribution activity rose strongly, while service sector activity declined modestly. Employment edged up slightly, and wage growth eased somewhat but remained modest. The pace of selling price increase . . .