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Persistent link: https://www.econbiz.de/10012707834
The securities industry is more important than ever to the New York City economy, and a protracted downturn in the industry's employment could seriously hurt the overall job picture. Increased stability in other New York City industries, however, could help soften the economic effects of such a...
Persistent link: https://www.econbiz.de/10012729836
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/10014061418
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/10014062405
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/10014066420
In New York City, tourism has made impressive gains in recent years, particularly in the foreign visitor segment. While not large enough to propel the city's economy, this long-term growth industry is critical to maintaining the local export base and providing jobs to low-skilled workers
Persistent link: https://www.econbiz.de/10014225475
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/10014225480
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...
Persistent link: https://www.econbiz.de/10014056893