While the full extent of the harm caused by superstorm Sandy is still unknown, it’s clear that the region sustained significant damage and disruption, particularly along the coastal areas of New York, New Jersey, and Connecticut.
December 20, 2012
December 19, 2012
The Impact of Superstorm Sandy on New York City School Closures and Attendance
On October 29, superstorm Sandy hit the tri-state area, flooding streets, highways, tunnels, buildings, and homes, and crippling the region’s public transit system.
December 18, 2012
The Welfare Costs of Superstorm Sandy
As most of the New York metropolitan region begins to get back to normal following the devastation caused by superstorm Sandy, researchers and analysts are trying to assess the total “economic cost” of the storm.
December 17, 2012
What Are the Costs of Superstorm Sandy?
Superstorm Sandy has had widespread effects in the tri-state region.
Posted at 8:46 am in Regional Analysis | Permalink
Just Released: December Empire State Manufacturing Survey
Issued this morning, the December 2012 Empire State Manufacturing Survey report suggests that
manufacturing activity continued to decline modestly in New York State, with only moderate lingering effects from superstorm Sandy.
December 3, 2012
Why (or Why Not) Keep Paying Interest on Excess Reserves?
In the fall of 2008, the Fed added new policy tools to its portfolio of techniques for implementing monetary policy.
Just Released: Money and Payments Workshop Examines Financial Market Structure
We’ve recently posted the proceedings of an October 19 Money and Payments Workshop that brought together researchers from central banks and academia as well as practitioners to discuss the importance of financial market structure.
Posted at 7:00 am in Financial Markets | Permalink
November 30, 2012
Historical Echoes: The Aftermath of a Devastating Hurricane . . . in 1938
More than seventy-four years ago, on September 21, 1938, a devastating hurricane—sometimes referred to as the Long Island Express—struck the southern shore of Long Island without much warning, killing fifty people and causing massive property damage.
Posted at 7:00 am in Historical Echoes | Permalink
November 29, 2012
Just Released: Press Briefing on Housing Conditions and the Economic Impact of Superstorm Sandy on the Region
At today’s regional economic press briefing, we provided an update on housing conditions as well as an initial assessment of superstorm Sandy’s economic impact on the region.
November 28, 2012
Just Released: New York’s Latest Beige Book Report Points to Weakening in the Aftermath of Superstorm Sandy
Jaison R. Abel and Jason Bram The regional economy experienced a weakening in the aftermath of superstorm Sandy, according to the New York Fed’s latest Beige Book report. Eight times a year, each of the nation’s twelve Federal Reserve Banks produces a report on current economic conditions in its District, based on largely anecdotal information […]
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