New York City economy

Keeping Mass Transit on Track

September 18, 2002. This issue of Fiscal Policy Note$ reviews the importance of the mass transit system to the NYC metropolitan area economy, and the importance of restoring NYS and NYC financial support for the MTA to earlier levels. Report >>(read more)

Learning from the ’90s: How Poor Public Choices Contributed to Income Erosion in New York City

September 1, 2002. This report uses the latest economic and census data to examine the role of immigration, government policies and other factors in explaining why the economic expansion of the 1990s did not raise the income of average workers in New York City. Full report, executive summary, press release.… (read more)

Labor Market Trends and Issues in the New York City Securities Industry

July 29, 2002.  A labor market report by the Fiscal Policy Institute for the Institute for Business Trends Analysis of the Borough of Manhattan Community College, and the Consortium for Worker Education. Report >>(read more)

New York City: The Economic and Fiscal Aftershocks of September 11th

July 17, 2002. A powerpoint presentation by James Parrott reviewing FPI’s analysis of the impacts of the World Trade Center disaster and how that analysis has been used by FPI and by other organizations, both public and private.… (read more)

Sectoral Approaches to Economic Development Research in New York City

June 25, 2002. Over 50 researchers and economic development practitioners participated in this conference on sectoral research hosted by the Fiscal Policy Institute, the Consortium for Worker Education and the CUNY Graduate Center. Prepared by FPI staff for distribution at the meeting: NYC Sectoral Research Bibliography, with citations to 59 studies in 12 sectors including health care, apparel manufacturing, and tourism. Participants, agenda.

Also see the August 26 report, Key Themes and Issues in Sectoral Analysis, … (read more)

Immigrant Workers Displaced by the September 11th World Trade Center Attacks

June 5, 2002. FPI prepared this brief for the New York Immigration Coalition.… (read more)

The Labor Community Advocacy Network (LCAN) to Rebuild New York

April 24, 2002. Today LCAN, a broad-based network convened and coordinated by the the Fiscal Policy Institute and the New York City Central Labor Council of the AFL-CIO, released an initial policy statement on the rebuilding of New York City. LCAN has been meeting regularly Since October 2001 to hammer out a thoughtful and detailed program for the reconstruction of New York City in the aftermath of the September 11 terrorist attacks.  On April 24, the Network released its initial … (read more)

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 … (read more)

An Exploration of the City’s Role in Lower Manhattan Redevelopment

February 25, 2002. Testimony by James A. Parrott before the City Council of the City of New York Economic Development Committee and the Select Committee on Lower Manhattan Redevelopment. Testimony >>(read more)

Do Tax Increases in New York City Cause a Loss of Jobs?

February 2, 2002. A review of the evidence, by Moshe Adler, Oliver Cook, and James Parrott. Published in State Tax Notes. (A preliminary version of this analysis was presented for review and comment, December 2001.)… (read more)