The Employment Impact of the September 11 World Trade Center Attacks: Updated Estimates based on the Benchmarked Employment Data

March 8, 2002. On November 5, 2001, the Fiscal Policy Institute released a report, The Economic Impact of the September 11 World Trade Center Attacks, estimating that New York City would lose a total of 105,200 jobs in the fourth quarter of 2001 as a result of the WTC attacks. FPI's estimates were developed through numerous interviews with industry sources supplemented with economic analysis of the city economy and input-output analysis of the multiplier effects. At the time of that report, there were no government [...]