Gotham Gazette

The Place for New York Policy and politics

Citizens Union


Reports and Resources on the Economic Impact

by Gotham Gazette Staff, Feb 23, 2002

The attacks added to New York City's tough economic times. Find out more with reports on the economic impact of September 11.

City Comptroller William Thompson's 2003 Report
New York City Comptroller September 2, 2003
The city comptroller found that New York City remained in recession during the second quarter of 2003, and that the "failure of the City's economy to recover after 30 months of recession, even though the national recession officially lasted only nine months, can at least in part be attributed to the lingering effects of 9/11."

City Comptroller William Thompson's Report on Fiscal Impact Of 9/11 on New York City
New York City Comptroller September 4, 2002
A report from the city comptroller's office detailing the economic costs of the September 11 terror attacks on the World Trade Center. Entitled "One Year Later, The Fiscal Impact of 9/11 on New York City," the report provides a comprehensive examination and analysis of the financial toll exacted by the attacks on the City's economy, budget and cash flow.

The Employment Impact of the September 11 World Trade Center Attacks: Updated Estimates based on the Benchmarked Employment Data
Fiscal Policy Institute March 8, 2002
An update to Fiscal Policy Institute's previous publication about the economic impact of September 11

Economic Impact of Terrorist Attack on New York City: A Fact Sheet (PDF format)
The Century Foundation January 28, 2002
A document summarizing the various reports and studies about the economic impact of September 11 on the city

Economic Impact of the September 11 Terrorist Attacks and Strategies for Economic Rebirth and Resurgence. (PDF format)
James Parrott, Fiscal Policy Institute, December 6, 2001
Fiscal Policy Institute's analysis of the effect of September 11 on New York's economy. Focuses on effects on low-wage workers.

Working Together to Accelerate New York's Recovery
Economic Impact Analysis of the September 11th Attack on New York City. From the New York City Partnership
A report from the New York City Partnership outlining the impact of September 11 on businesses throughout the city, specifically downtown.

Back to Work Since September 11 (PDF format)
The Community Service Society of New York releases a position paper which addresses the impact of 9/11 on low-wage workers.

Testimonies from the November 6 hearings on the Economic impact of the Sept. 11 Terrorist Attacks and Strategies for Economic Rebirth and Resurgence
Held by the New York State Assembly Subcommittees on Economic Development and on Small Business

Statements From:
Adam Friedman, NY Industrial Retention Network
James Parrott, Fiscal Policy Institute
David Jones, Community Service Society
Linda Dworak, Garment Industry Development Corporation

Editor's Choice

Everything Dot NYC Council 2.0: Rules Reform Outlines Next Steps in Open Data Overdue & Over Budget, Capital Projects Roll On


The comments section is provided as a free service to our readers. Gotham Gazette's editors reserve the right to delete any comments. Some reasons why comments might get deleted: inappropriate or offensive content, off-topic remarks or spam.

Last Updated (Aug 05, 2014)