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The Region

Learn more about the communities we serve within the Second District—including New York State, the 12 northern counties of New Jersey and Fairfield County in Connecticut.

Features

New York Fed develops new tool to analyze local housing market; regional mortgage conditions utility now available online The Regional Mortgage Conditions utility presents analysis of the housing market in the tri-state region from September 2007 through December 2011. The tool provides information about the percentage of loans in foreclosure as well as those who are 60 days and 90+ days delinquent. March 27, 2012

Household Debt and Credit Report - Fourth Quarter 2011 The New York Fed’s Quarterly Report on Household Debt and Credit provides unique data and insight into the credit conditions and activity of U.S. consumers. In the fourth quarter of 2011 the report, which includes data on a variety of household debt levels, revealed further declines in real estate debt and delinquencies, while showing that other forms of consumer indebtedness increased. February 27, 2012

Regional Economic Press Briefing on Recession, Federal Stimulus and New York/New Jersey Schools The New York Fed hosted a press briefing on “Recession, Federal Stimulus and New York/New Jersey Schools” on Friday, January 27. The presentation highlighted recent patterns and challenges in school financing and examine how state governments will cope with pending decreases in federal funding support. The event is part of the New York Fed’s Regional Economic Press Briefing series. January 27, 2012

Recent Speeches

The National and Regional Economic Outlook Remarks by President Dudley at the Buffalo-Niagara Partnership, Buffalo, New York April 13, 2012

The National and Regional Economic Outlook Remarks by President Dudley at the Center for Economic Development, Syracuse, New York Aprill 12, 2012

Current Economic Indicators

Empire State Manufacturing Survey May's survey indicates that manufacturing activity expanded in New York State at a moderate pace. The general business conditions index rose eleven points to 17.1. May 15, 2012

Index of Coincident Economic Indicators In March, the CEI index showed economic activity grew at a robust pace in New York State, a healthy clip in New York City but a diminished pace in New Jersey. For March 2012, released April 2012

Beige Book Growth in the Second District's economy has picked up somewhat since the last report. April 11, 2012

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