NEW YORK 5 YEARS LATER: DID YOU KNOW?

Posted on September 19th, 2013 by Leonard Steinberg

With this week marking the 5th anniversary of the collapse of Lehman and the peak of the Global Financial Meltdown, I learned a few NEW YORK CITY FACTOIDS today that I thought were rather exceptional:

  • Since the depths of the Great Recession, the USA has recouped 65% of lost jobs: New York has recouped 200% of lost jobs!
  • More jobs were created in the Boroughs than in Manhattan.
  • New York has diversified its economy significantly positioning itself as a leader in the TECHNOLOGY/INFORMATION-based economy, the brand new economic structure rapidly replacing the industrial/manufacturing economy that started around 1840.
  • And all of this is happening in the highest taxed city in the USA…..

This entry was posted on Thursday, September 19th, 2013 at 9:18 am and is filed under Real Estate. You can follow any responses to this entry through the RSS 2.0 feed.