Research Special Topics

2015 Economic Impact of Financial Services

May 2016

Overview

New York City ranks number one among U.S. cities with over 330,000 financial services employees. This report looks at key indicators that highlight the strength of New York City’s financial services industry and the community impact of financial services employers.

$8B

The financial services industry contributes $8 billion in taxes to New York City’s annual budget.

1M

The city's financial services industry is responsible for 1 million direct and indirect jobs