Tag Archives: NYC economy

NYC captures bulk of state’s private sector job growth

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JLL New York Chart of the Week

COW_New York_May 7_V7

  • Of the 655,000 private sector jobs created in the state from 2004 to 2014, NYC accounted for 89.0 percent of net gains – making it an integral part of the state’s economy.
  • In 2014, 46.5 percent of the state’s private sector jobs were in
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Residential construction drives NYC spending to near peak levels

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New York Chart of the Week: September 22, 2014

PowerPoint Presentation

    • Driven by a booming residential sector, NYC construction spending is projected to increase to $31.5 billion – the first time since 2008 that it has exceeded $30 billion in nominal spending
    • The continued rise in construction expenditures has contributed to the addition of 4,100 construction jobs to
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