New York Fed: The Economies Of New York, New Jersey, And Connecticut Are Shrinking Again

The New York Fed says the local economy is shrinking.

Regional Indexes of Coincident Economic Indicators
Our Indexes of Coincident Economic Indicators (CEI) for December show a contraction in economic activity in New York State, New York City and New Jersey. While there had been preliminary indications of some levelling off of activity in the region during the summer, subsequent data releases point to continued declines.

chart

Photo: NYFed

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

economy moneygame-us