Business activity declined significantly in the region’s service sector in September, according to firms responding to our Business Leaders Survey. The survey’s headline business activity index fell eight points to -19.4, its lowest reading in several months. Learn more: https://nyfed.org/2ygXLUi
Federal Reserve Bank of New York
Financial Services
New York, NY 156,381 followers
Serving the Second District and the Nation
About us
Be aware of potentially fake online job postings that claim to be from the Federal Reserve. Always verify and apply to jobs on the Federal Reserve System Careers webpage. The Federal Reserve Bank of New York works within the Federal Reserve System and with other public and private sector institutions to foster the safety, soundness and vitality of our economic and financial systems. Some of its most critical functions include the implementation of monetary policy, supervision and regulation of depository institutions, international operations and financial services. The New York Fed oversees the Second Federal Reserve District, which includes New York State, the 12 northern counties of New Jersey, Fairfield County in Connecticut, Puerto Rico and the U.S. Virgin Islands. Though we serve the public interest in a geographically small area, the New York Fed is the largest Reserve Bank in terms of assets and volume of activity. We accomplish this with talented and innovative people working within a collaborative and inclusive culture. We welcome and invite engagement and discussion on our Linkedin page. In order to maintain a productive exchange of thoughts, opinions, and ideas we prohibit any comments that contain: • Defamation of an individual, group or organization • Spam: posting identical or similar posts repeatedly • Obscenity or vulgarity • Misleading or fraudulent statements and false information • A violation of another’s intellectual property rights • commercial in nature The views, opinions and experiences expressed in user-submitted comments are solely those of the author and do not necessarily reflect those of the Federal Reserve Bank of New York. We reserve the right to remove comments, at our discretion and without notice.
- Website
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http://www.newyorkfed.org
External link for Federal Reserve Bank of New York
- Industry
- Financial Services
- Company size
- 1,001-5,000 employees
- Headquarters
- New York, NY
- Type
- Nonprofit
- Founded
- 1914
- Specialties
- Monetary Policy, Supervision and Regulation, Financial Services, International Operations, Payment Systems, Economic Research and Statistics, Risk Management, and Information Security
Locations
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Primary
Get directions
33 Liberty Street
New York, NY 10045, US
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100 Orchard Street
East Rutherford, NJ, US
Employees at Federal Reserve Bank of New York
Updates
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Business activity declined modestly in New York State in September, according to firms responding to our Empire State Manufacturing Survey. The headline general business conditions index dropped twenty-one points to -8.7, its first negative reading since June. Explore the data: https://nyfed.org/4mi6446
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Does college pay off for everyone? In recent research, our economists find that the typical college graduate earns a return that easily surpasses the benchmark for a sound investment. However, this is not the case for everyone. In this video, Economic Policy Advisor Richard Deitz discusses the college wage premium and when college might not be worth it. Learn more: https://nyfed.org/3Yxr39W
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As students return to campuses this fall amid the continued rising costs of a college degree and recent college graduates struggling to find good jobs, many have been left wondering whether college is still worth it. In this video, Head of Microeconomics Jaison Abel and Economic Policy Advisor Richard Deitz provide an economic perspective on the value of a college degree by breaking down the costs, benefits, and return for the typical college graduate. Learn more: https://nyfed.org/4igiDel
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Today, the Center for Microeconomic Data released the August 2025 Survey of Consumer Expectations, which shows that households’ inflation expectations ticked up and job finding expectations declined to a series low. https://nyfed.org/3hlD79L
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New York Fed President John C. Williams explains the zero lower bound and its implications for monetary policy. Learn more: https://nyfed.org/3TorsbZ
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The Beige Book, published eight times a year by the Federal Reserve, provides an overview of current economic conditions across the 12 Federal Reserve Districts. Each district, including the New York Fed’s, gathers insights from business leaders, economists, and various stakeholders, drawing on anecdotal information to help identify emerging trends and regional developments. Watch this video to learn about recent findings in the September report. Full report: https://bit.ly/45P7YnZ
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Today, President John Williams delivered remarks at the Economic Club of New York in New York City. He discussed his outlook for the economy and the path forward in the current moment. Full speech: https://nyfed.org/4mNT87f Key Takeaways: https://nyfed.org/3JPUD61
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To explore the effects of artificial intelligence on employment, the authors’ regional business surveys asked firms about their adoption of AI and if they had made any adjustments to their workforces. The surveys found that, despite a notable increase in AI use over the past year, very few firms reported AI-induced layoffs. https://nyfed.org/47WVv2Q
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Bank supervisors, industry analysts, and academic researchers rely on a range of metrics to track the health of both individual banks and the banking system as a whole. Many of these metrics focus on bank solvency. In today's post, the authors draw on their recent research to describe a new solvency metric—economic capital—that is more forward-looking, more timely, and more comprehensive in its assessment of solvency than many current measures. https://nyfed.org/46l5VrG