New York City economy

Jittery Wall Street, Calm City?

April 16, 2007. An article by James Parrott, FPI’s deputy director and chief economist, in the Gotham Gazette. Article >>(read more)

The Underground Economy in New York City’s Affordable Housing Construction Industry

April 15, 2007. This examination of  the affordable housing construction industry reveals evidence of a huge underground economy in which thousands of workers are paid off the books or misclassified as independent contractors. The results include widespread employer evasion of payroll taxes and social insurance premiums, and the undercutting of wage and benefit standards.

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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 >>(read more)

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 >>(read more)

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 >>(read more)

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 >>(read more)

New York City 2006 Budget and Economic Outlook

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

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 >>(read more)

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 >>(read more)