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NY Fed Business Leaders Survey

FED
Results of NY Fed monthly survey of service firms in New York State, northern New Jersey and southwestern Connecticut, shows "business activity grew at a record-setting pace."
  • The survey's headline business activity index increased nine points to 38.8.
  • The business climate index rose seventeen points, though it remained negative at -8.5, indicating that on net firms viewed the business climate as somewhat worse than normal.
  • Employment levels increased modestly, and wage increases picked up. Input price increases accelerated, and selling prices increased modestly. Link:
Business Leaders Survey

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