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.
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 […]
Just Released: November Empire State Manufacturing Survey Points to Storm’s Effects
The results of this morning’s November Empire State Manufacturing Survey point to a slight decline in business conditions in New York’s manufacturing sector in the wake of “superstorm” Sandy.
Just Released: August Indexes of Coincident Economic Indicators Show Uneven Growth across the Region
The August Indexes of Coincident Economic Indicators (CEIs) for New York State, New York City, and New Jersey, released today, give a mixed picture of current economic performance across the region.
Good News or Bad on New York City Jobs?
Unlike much of the nation, New York City has seen a robust rebound in employment since the recession.
Location, Location, and Pacification: The Effect of Crime Reduction on Residential Property Value
In this post, we document the relationship between crime and house prices in the city of Rio de Janeiro, Brazil. One fully expects crime, as a public “bad,” to exert a downward force on prices; indeed, this is a common finding in the literature on amenity valuation.
Just Released: New York’s Latest Beige Book Report Signals Steady Growth
The New York Fed’s latest Beige Book report points to continued moderate growth in the regional economy and some reduction in cost pressures.
Is Wall Street the Only Street in New York City?
Has Wall Street—the term for the securities industry that symbolizes New York City’s role as a global financial center—become less of a specialty for the city?
Just Released: Regional Economic Press Briefing on Job Polarization and Rising Inequality
Over the past three decades, the United States has seen substantial growth in both high- skill and low-skill jobs, while growth of those in the middle has stagnated.
Just Released: January’s Indexes of Coincident Economic Indicators Show Fairly Robust Activity across the Region
The January Indexes of Coincident Economic Indicators for New York State, New York City, and New Jersey, released today, show fairly robust economic growth entering 2012.