New York’s Economy Teeters on a Precipice

New York’s Economy Teeters on a Precipice

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 […]

The High Cost of Child Care

The High Cost of Child Care

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 […]