Current Business Climate; Percent Reporting Normal for FRB - New York District
BCCNNA156MNFRBNY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42.10
Year-over-Year Change
-17.13%
Date Range
9/1/2004 - 7/1/2025
Summary
This economic trend measures the percentage of firms in the Federal Reserve Bank of New York district that report normal business conditions. It provides insights into the current state of the regional economy.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Current Business Climate indicator tracks the share of businesses that perceive their operations as 'normal' within the New York Federal Reserve district. This metric offers economists and policymakers a timely gauge of regional economic performance and sentiment.
Methodology
The data is collected through monthly surveys of businesses in the New York Fed's jurisdiction.
Historical Context
Policymakers and analysts monitor this indicator to assess the health of the regional economy and inform economic decision-making.
Key Facts
- The indicator ranges from 0% to 100%.
- It has been tracked since the 1970s.
- The New York Fed district includes New York, northern New Jersey, and southwestern Connecticut.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the percentage of businesses in the Federal Reserve Bank of New York district that report normal operating conditions, providing insights into regional economic performance.
Q: Why is this trend relevant for users or analysts?
A: The Current Business Climate metric offers a timely gauge of economic sentiment and conditions within the New York Fed's jurisdiction, which is valuable for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses in the New York Fed's district.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this indicator to assess the health of the regional economy and inform economic decision-making.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical lag of several weeks.
Related Trends
Total Revenue for Water, Sewage and Other Systems, Establishments Subject to Federal Income Tax
REV2213TMSA
TROS Current Company Outlook; Diffusion Index for Texas
TROSCOLKSAMFRBDAL
Revenue for Full-Service Restaurants, All Establishments, Employer Firms
FRRAEEF2722511
Total Revenue for Administrative and Support Services, All Establishments, Employer Firms
REVEF561ALLEST
Total Revenue for Other Telecommunications, Establishments Subject to Federal Income Tax
REV517YTAXABL144QNSA
Total Revenue for Personal Care Services, Establishments Subject to Federal Income Tax
REV8121TAXABL157QNSA
Citation
U.S. Federal Reserve, Current Business Climate; Percent Reporting Normal for FRB - New York District (BCCNNA156MNFRBNY), retrieved from FRED.