Inflation Alert! New York Fed Business Survey (New York State, northern New Jersey and southwestern Connecticut): “Employment continued to increase slightly, and wage growth picked up. The pace of price increases was somewhat higher than last month”. Inflation is not slowing down!
by Dismal-Jellyfish https://www.newyorkfed.org/medialibrary/media/Survey/business_leaders/2023/2023_08blsreport.pdf Wages and Prices expected to continue rising over the next 6 months. TLDRS: New York Federal Reserve Bank’s August 2023 Business Leaders Survey shows the region’s (New York, southern New Jersey, and southwestern Connecticut) service sector activity …