The Federal Reserve Bank of New York has unveiled a newly designed website focused specifically on the regional economies that make up its district of the Federal Reserve System. The change introduces what the NY Fed calls “regional economic précis” for the local areas in the district, which spans New York state, Puerto Rico, the US Virgin Islands and parts of New Jersey and Connecticut. Each précis gives a summary of key data and important aspects of the local economy. It offers convenient access to a wide array of regional data, analysis, and research that the Bank makes available to the public.
The new site also features information about the Bank’s community engagement and outreach efforts across the region. The site’s short reports give an overview of economic trends in each location; these reports will be updated regularly as new data are released.