Overview
In the three years since 9/11, NYC’s economy has struggled to regain its footing and suffered through a prolonged recession. In mid-November 2001, about eight weeks after the attack on the World Trade Center, the New York City Partnership issued an analysis of 9/11’s impact on the city’s economy. The data presented in this report documents the city’s economic health three years after the attacks.
$12B
Personal income fell by $12 billion between 2001 and 2003.
20%
Financial Activities sector — the sector most affected by the events of 9/11 — total personal income fell by over 20%.