Showing 1 - 10 of 14
Consumers and analysts remain wary about the economic prospects of the Second District. But is caution here simply becoming habit? True, there are some weak spots, but strong performance in the southern tier is pointing to a brighter economic future for the district.
Persistent link: https://www.econbiz.de/10005502201
Although the new-media industry has been a fairly strong contributor to New York City's economic growth, the city's reputation as a new-media hub appears to be overstated.
Persistent link: https://www.econbiz.de/10005512149
Has the migration of jobs to the suburbs changed the commuting patterns in the New York City metro area? An analysis of current commuting trends suggests that Manhattan remains the region's undisputed employment center and that workers are actually traveling farther to their jobs. Two factors...
Persistent link: https://www.econbiz.de/10005512150
A two-year-long economic downturn and a persistent income gap with the U.S. mainland contribute to an uncertain outlook for Puerto Rico. Still, the commonwealth possesses a skilled and educated workforce, a favorable business climate, and the benefits of U.S. legal and financial structures -...
Persistent link: https://www.econbiz.de/10005512156
Although New York City's payroll employment is rising briskly, it still falls short of its 2001 peak, raising concerns that the local economy is not generating enough jobs. However, a look at a broader set of economic indicators-alternative job measures, wage and salary earnings, and a composite...
Persistent link: https://www.econbiz.de/10005512166
In addition to exacting a tremendous human toll, the September 11 attack on the World Trade Center caused billions of dollars in property damage and a temporary contraction in New York City's economy. This article explores the effect of these events on the longer run economic prospects for the...
Persistent link: https://www.econbiz.de/10005372934
The attack on the World Trade Center had an enormous financial, as well as emotional, impact on New York City. This article measures the short-term economic effects on the city's labor force and capital stock through June 2002, the end of the recovery process at the World Trade Center site....
Persistent link: https://www.econbiz.de/10005372993
Between 1969 and 1999, the New York-New Jersey region experienced a steeper drop in manufacturing employment than any other area of the United States. Much of the unusually sharp job decline can be attributed to the geographic dispersion of manufacturing_that is, the gradual movement of...
Persistent link: https://www.econbiz.de/10005387200
This issue of Second District Highlights briefly examines several explanations that have been offered for the rise in unemployment in New York City from 1994 to 1997.
Persistent link: https://www.econbiz.de/10005387203
An analysis of employment and income trends suggests that the economic impact of the September 11 attack on New York City was somewhat less severe than originally thought. The attack created sizable job and income losses, but the city's current downturn appears to stem largely from other,...
Persistent link: https://www.econbiz.de/10005387205