The president of the U.S. Chamber of Commerce of America (ZCCA) Mr. Dai and the vice president Mr. Lin came to have breakfast with the executive of Federal Reserve Bank of New York Mr. Dudley. During the breakfast, they talked about the economy in New York。
Mr. Dudley introduced the current situation for the U.S. and New York. He pointed out that the economy started to improve. However, the economy in New York improved so slowly. This is because the unemployment rate in New York is high and real estate market is signaling a downturn.
This breakfast was organized by Queens Department of Economic Development in New York.