The New England Advisory Council (NEAC) is comprised of leaders of small- to mid-sized businesses throughout New England. Members advise the Bank on economic matters throughout the Federal Reserve’s First District.
Members advise the Bank about underlying trends in the economy as viewed through the prisms of their own companies and respective industries. In spirited roundtable discussions, NEAC members share perspectives on a range of business conditions including revenue forecasts, employment practices, capital spending and access to credit, among other issues.
The NEAC meets quarterly and is convened by the Boston Fed president. Members typically rotate every two to three years.