Federal Reserve Bank of New York

New York service sector activity “expanded slightly” in December, according to the Federal Reserve Bank of New York's Business Leaders Survey.

Business activity “continued to expand, though growth was noticeably slower than in recent months,” the December Empire State Manufacturing Survey suggested.

Federal Reserve Chairman Jerome Powell delivered a bullish assessment of the U.S. economy and the job market.

Federal Reserve Bank of New York President John Williams expressed no concern that markets have dialed back expectations for policy tightening in 2019.

The U.S. central bank will stick with its campaign of gradual interest-rate increases, said Federal Reserve Bank of New York President John Williams.

New York service sector activity “expanded modestly” in November, according to the Federal Reserve Bank of New York's Business Leaders Survey, released Friday.

Prices paid remained elevated, employment levels rose and business activity expanded faster in November, according to the Empire State Manufacturing Survey.

Consumers’ inflation expectations held, but respondents expect income and spending to rise.

New York service sector activity “grew modestly” in October.

Selling prices remained elevated, while business activity expanded at a faster pace in October.