Editing Fed beige reserve on Broadway theaters in New York

Wikimedia CommonsThe Federal Reserve produced its latest beige guide of anecdotes from its districts on Wednesday afternoon.<br>Consumer investing enhanced across most all of the Fed's twelve regional districts.<br><br>But at least in New York, the Fed's contacts show that items are not seeking fantastic on Broadway.<br>Here's the suitable excerpt, from the Fed's New York district:<br><br>"Tourism action has demonstrated additional indications of slowing - particularly in New York City, exactly where equally lodges and Broadway theaters report slowing company and declining revenues, and a big retailer characteristics new weakness to decreased tourism. Buffalo location accommodations also report reduce occupancy fees but suggest that upcoming bookings glimpse promising. Even with the standard softness in customer shelling out and tourism, shopper self-confidence in the region (NY, NJ, Pa) surged in June, reaching its optimum degree considering the fact that ahead of the recession.<br><br>The Fed also pointed out that tourism enhanced in all the districts apart from New York, "exactly where there have been further signals of slowing."<br>Not fantastic.<br>SEE ALSO: The Fed sees just 'modest' wage pressures