By: Chris Tobias New York City is contending with stubborn inflation, slowing job growth, and the lingering economic fallout from Trump-era tariffs that disrupted supply chains and pushed prices higher. For residents already grappling with steep housing, food, and transit costs, these pressures threaten to erode both financial stability and economic opportunity. In this challenging […]
By Greg David, THE CITY Strong job growth and Wall Street bonuses show momentum but consumers are worried, tourism could weaken and layoffs loom. New York City is stuck in the middle of two crosscurrents that will determine whether the local economy will continue to grow this year or plunge into a recession. Big Wall […]
Editorial credit: Sunshine Seeds / shutterstock.com Introduction For decades, the dominant message in American education has been that a four-year college degree is the primary path to financial success and stability. However, this narrative has started to shift as industries face growing labor shortages in the skilled trades. The importance of trade shops in high […]
A Message from the Comptroller Dear New Yorkers, As we start the new year, job growth has continued nationwide. That’s true in New York City as well, although local numbers are flatter and lag behind national ones in sectors other than health care and social assistance. The city’s tourism industry has rebounded to pre-pandemic […]
By Esther Claudette Gittens | Editorial credit: Drop of Light / shutterstock.com Trump’s campaign promises, their intended goals, and their potential and actual implications for New York City, a metropolitan hub that embodies challenges and opportunities distinct from the rest of the nation Donald Trump’s presidency and campaign promises were deeply rooted in the ethos […]