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New York’s Economy and Finances in the COVID-19 Era (April 16, 2021)
The Paycheck Protection Program PPP is a loan program administered by the US Small Business Administration SBA first authorized by Congress in March 2020 to respond to the economic hardships faced by small businesses and notforprofit organizations due to the pandemic
https://www.osc.ny.gov/reports/new-yorks-economy-and-finances-covid-19-era-april-16-2021DiNapoli Report Examines Troubling Child Poverty Trends
… the state, including a child poverty rate that is one of the worst in the nation and alarmingly high in some cities. “A staggering number of children live in poverty in New York,” DiNapoli said. … government have the solutions to lift more children out of poverty, and we should act with urgency to use them.” …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-report-examines-troubling-child-poverty-trendsDespite Progress, Pay Gap for Women Persists
… how many additional months women must work to equal what men earned the previous year, typically falls. (In 2022, … In 2020, women earned 83 cents to every dollar earned by men, a wage gap of more than $10,435 based on median earnings for men and women who worked full-time, as reported by the …
https://www.osc.ny.gov/reports/despite-progress-pay-gap-women-persistsNew York’s Labor Force: Assessing 10-Year Trends and Pandemic Setbacks
… in this period. New York’s workforce decline is due, in part, to population changes as well as a smaller share … market — the demand side, or the businesses that provide jobs, and the supply side, or the people who work those jobs. Businesses report full-time, part-time and seasonal employment figures based on …
https://www.osc.ny.gov/reports/new-yorks-labor-force-assessing-10-year-trends-and-pandemic-setbacksHomeownership Rates in New York
… a home has long been described as “The American Dream.” In New York, that dream appears unattainable for a large share of the population: New York has the lowest homeownership rate among the states, … New York has long trailed the nation in homeownership rates …
https://www.osc.ny.gov/reports/homeownership-rates-new-yorkNew York’s Paid Family Leave Program
… New York State recently began providing 12 weeks of fully … the share of private workers eligible for the benefit in New York to at least 88 percent in 2021 — compared to 23 … Paid Family Leave Program Spurs Large Boost in Coverage New York’s Paid Family Leave (PFL) provides paid time off for …
https://www.osc.ny.gov/reports/new-yorks-paid-family-leave-programFederal Impact: Travel and Tourism to New York – Federal Funding and New York
… to one visit to New York; one individual may make multiple trips. Source: U.S. Customs and Border Protection. Because … foot, and there has been a significant decrease in these trips to New York. In 2025, there were nearly 3.6 million … , FY23 – FY26 (FYTD) – December, accessed on March 3, 2026. 4 Based on the reported first intended address of the …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/federal-impact-travel-and-tourism-new-yorkNew Yorkers in Need: The Housing Insecurity Crisis
… Funding Supportive Housing 1,500 New Construction or Adaptive Reuse 1,000 Homeless Housing and Assistance Program …
https://www.osc.ny.gov/reports/new-yorkers-need-housing-insecurity-crisisEconomic Impact of Tariffs – Federal Funding and New York
… in exports to Canada, the State’s most significant trading partner. Exports of more than two-thirds of product … for consumers are likely to remain elevated throughout 2026 . Impact on U.S. Trading Partners With the initial … largest importer. Canada is the state’s largest trading partner, comprising 21.6 percent of exports and 12.8 percent …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/economic-impact-tariffsFederal Impact on Higher Education – Federal Funding and New York
… upcoming budget appropriations for federal fiscal year 2026 and Executive action put at risk the competitiveness … In 2023, there were R&D expenditures of more than $25 million at 27 institutions in New York out of 86 entities … each received between $1.3 and $1.5 billion in 2023. 25 In 2023, this funding supported work by almost 72,400 …
https://www.osc.ny.gov/reports/budget/fed-funding-ny/federal-impact-higher-educationThe Construction Industry in New York City: Recent Trends and Impact of COVID-19
… the highest job losses. The loss of 44,400 construction jobs was the State’s worst annual decline in more than 25 … by 14.4 percent (23,300 jobs) in 2020, worse than for the private sector overall. Most construction firms in New York … to continue, such as those involving the Metropolitan Transportation Authority (MTA), other infrastructure, schools …
https://www.osc.ny.gov/reports/osdc/construction-industry-new-york-city-recent-trends-and-impact-covid-19Availability, Access and Affordability: Understanding Broadband Challenges in New York State
… the Office of the State Comptroller from Highspeedinternet.com These costs are hard to interpret for several reasons: … Broadband Deployment Report , January 2021, Appendix A, pg. 60, available at … Fourteenth Broadband Deployment Report , January 2021, pg. 13, available at …
https://www.osc.ny.gov/reports/availability-access-and-affordability-understanding-broadband-challenges-new-york-stateNew York’s Balance of Payments in the Federal Budget: Federal Fiscal Year 2023
… details the differences among the 50 states with respect to what is paid in federal taxes and how much is received in federal spending. The results for Federal Fiscal Year 2023 (FFY 2023) have not fully … of payments, largely due to extraordinary federal pandemic aid. Previously, New York ranked among states with the …
https://www.osc.ny.gov/reports/new-yorks-balance-payments-federal-budget-federal-fiscal-year-2023The Transportation and Warehousing Sector in New York City
… June 2022 PDF Version Highlights As of April 2022, the transportation and warehousing sector in the City has … the top 10 metropolitan areas in the nation for number of transportation, warehousing and utilities sector jobs … (4.7 percent). Despite the COVID-19 pandemic, air transportation is the largest subsector, employing 26,550 …
https://www.osc.ny.gov/reports/osdc/transportation-and-warehousing-sector-new-york-cityReview of the Enacted Budget: State Fiscal Year 2021-22
… enactment of a new State Budget. The American Rescue Plan (ARP), signed by President Joseph Biden in March, will provide … governments, school districts, and transit systems. The ARP also provides critical funding for programs to help … was approved with the $1.9 trillion American Rescue Plan (ARP). New York State will receive $12.6 billion in fiscal …
https://www.osc.ny.gov/reports/budget/review-enacted-budget-state-fiscal-year-2021-22