The Partnership publishes a quarterly dashboard of key indicators to measure progress or slippage in the city’s private and public sectors.
Q3 2017 Dashboard
Data for the first quarter of 2017 shows a record low unemployment rate, a dramatic drop in downstate VC investment and homeless in shelters at an all-time high.
Q3 2017: 4.4 million
Q3 2016: 4.3 million
Long-Term Unemployment Rate
|Leisure & Hospitality||455,700||13,200||↑|
Health care, education and professional services accounted for nearly 80 percent of the city’s job growth.
- Number of Job Openings
Q3 2017: 121,000
Q3 2016: 118,000
- Wage Growth
- Commercial Vacancy Rate in Manhattan
- Commercial Rent in Manhattan
- Total VC Investment
Downstate New York
- VC Investment in Tech
Downstate New York
The Bloomberg Index tracks the share prices of 100 of the largest companies headquartered in the greater New York City area.
Overall Employment Growth Rate
Job growth in New York City trailed Dallas (+2.8%) and Boston (+2.6%), but outpaced San Francisco (+1.8%), San Jose (+1.2%), Los Angeles (+1.2%) and Chicago (+0.5%).
Labor Force Participation
New York City: 70%
Labor Force Participation refers to the percentage of the working age population (aged 16–64) either working or actively looking for work. These rates reflect July–September 2017.
VC Investment Growth Rate
Venture capital investment spiked 136.7 percent in Downstate New York, compared to 32 percent growth nationwide. New York’s increase was driven by two massive funding rounds for WeWork, as well as smaller deals for Via Transportation, Bread and digital health startups AbleTo and Talkspace.
- All City Tax Revenue
The decrease in tax revenue was primarily driven by lower Personal Income Tax and Unincorporated Business Tax receipts.
- Property Tax Revenue
- Sales Tax Receipts
- City Spending
The increase in city spending was primarily driven by higher personal service costs, particularly for the Police Department and Fire Department.
Quality of Life
- Reported Violent Crimes
- Reported Non-Violent Crimes
- Reported Murders
- Both violent crime and non-violent crime dropped substantially year-over-year, driven by large decreases in robberies and burglaries. Murders also continued to decline.
- Subway Reliability
Just 65.4 percent of weekday subways reached their scheduled terminal on time, down from 67.8 percent last year. The B Line declined the most, with on-time trains tumbling 18.2 percent.
- Recycling Rate
- Traffic Collisions
- Homeless in Shelters
Average Home Sale Price
Includes condos, co-ops, and one to three family dwellings.
Residential Construction Permits