New York City economy

More Than a Link in the Food Chain: A Study of the Citywide Economic Impact of Food Manufacturing in New York City

February 13, 2007.  In an effort to understand the impact of food manufacturing on other sectors in the NYC economy, the Mayor’s Office of Industrial and Manufacturing Businesses commissioned the New York Industrial Retention Network (NYIRN) to study the sector; NYIRN enlisted FPI to conduct the formal economic impact analysis. Report >>

Increasing access to food stamps would boost the New York City Economy

October 17, 2006. Currently, the flow of federal food stamps into New York City – about $1.4 billion annually to nearly 1.1 million people at an average benefit of $110 per person per month – supports 9,600 jobs and $850 million of annual economic activity. This issue of Fiscal Policy Note$ finds that if access to the program were expanded so that all those eligible were participating, food stamp spending would increase by $355 million. This spending would create 2,300… (read more)

New York’s Big Picture: A Report to the New York Film, Television and Commercial Initiative

August 8, 2006. FPI worked with researchers from Cornell University’s School of Industrial and Labor Relations and City and Regional Planning Department on this study of New York’s film, television and commercial production industries. Among the findings: Including direct, indirect and induced effects, the total value added by these industries in New York was an estimated $13.1 billion in 2005, considerably higher than previous estimates of the film sector’s impact. Report >>

The New York City Construction Labor Market

April 2006. This labor market profile was prepared by the Fiscal Policy Institute for the NYC Employment and Training Coalition and NYC Workforce Investment Board. Among the findings: New York City construction employment, now about 250,000 workers, is likely to expand considerably over the next five years. Construction workers residing in the city are overwhelmingly male, and nearly 63 percent of construction workers are non-white. They earn a median wage of $14.90. Read the report >>

Rebuilding Ground Zero: Status of the World Trade Center Site Plan

March 9, 2006. Testimony presented by David Dyssegaard Kallick, FPI Senior Fellow and Coordinator of the Labor Community Advocacy Network to Rebuild New York (LCAN) to the New York City Council’s Committee on Lower Manhattan Redevelopment. Testimony >>

New York City 2006 Budget and Economic Outlook

February 9, 2006. Presentation by FPI Deputy Director and Chief Economist James Parrott. Presentation >>

New York City’s Labor Market Outlook with a Special Emphasis on Immigrant Workers

December 9, 2005. A presentation for a forum sponsored by the NYC Education and Training Coalition: “NYC’s Labor Market: Where Are the Jobs?” Presentation >>

The State of Working New York City 2005

September 27, 2005. A special supplement to the 2005 edition of the Fiscal Policy Institute’s biennial report on the State of Working New York. Presentation >>

In Manhattan, Poor Make 2¢ for Each Dollar to the Rich

September 4, 2005. Sam Roberts cites FPI’s report The State of Working New York City 2005 in his New York Times story on income inequality in New York City.

Trump Tower on Fifth Avenue is only about 60 blocks from the Wagner Houses in East Harlem, but they might as well be light years apart. They epitomize the highest- and lowest-earning census tracts in Manhattan, where the disparity between rich and poor is now greater than in any other… (read more)

Little in the Middle

September 4, 2005. An op ed by David Dyssegaard Kallick, New York Times.

ON this Labor Day weekend, here’s something to think about: New York City’s middle class is shrinking. Once a solidly middle-class place, New York has become a city of rich and poor.

What’s going on, in part, is a worrisome shift in the structure of the New York job market. The economic boom of the 1990′s didn’t do much to lift middle-income New Yorkers; people in the… (read more)