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Recent Effort to Connect All New Yorkers to Broadband Fell Short, Audit Finds
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The Transportation and Warehousing Sector in New York City
New York City’s transportation and warehousing sector regained 82% of its pandemic job losses as of April 2022. The sector’s relatively strong job gains over the past two years were fueled by increased demand for moving goods rather than people during the pandemic. An explosion in e-commerce led the growth in the courier and messenger, and warehousing and storage subsectors, which now well exceed pre-pandemic employment levels.
Performance of Industrial Development Agencies in New York State – 2022 Annual Report
New York's local Industrial Development Agencies (IDAs) reported 4,262 active projects with a total value of $114 billion in 2020, an increase of $5.3 billion from the prior year, according to an annual report on IDAs.
DiNapoli Releases Annual IDA Report
New York's local Industrial Development Agencies (IDAs) reported 4,262 active projects with a total value of $114 billion in 2020, an increase of $5.3 billion from the prior year, according to an annual report on IDAs released by State Comptroller Thomas P. DiNapoli. While reported project values have risen, the number of projects has decreased by 58, or 1.3%, since 2019.
Caribbean Heritage Month Celebration
Comptroller DiNapoli will host his annual Caribbean American Heritage Month celebration in honor of the rich and diverse history and culture of the Caribbean, and recognize Caribbean Americans who contribute greatly to New York State.
The live stream has ended, but you can watch a replay of the event below.
Local Sales Tax Collections Grew by Nearly 17% in May, June 2022
Local sales tax collections in New York State increased by 16.7% in May compared to the same month in 2021. Overall, local collections totaled $1.7 billion, up $242 million from May of last year.
DiNapoli: NYC Transportation and Warehousing Sector Fares Better Than Other Sectors in Recovery Amid Shift to E-Commerce
New York City’s transportation and warehousing sector regained 82% of its pandemic job losses as of April, trailing the nation, but faring better than the city’s private sector as a whole (73%), according to a report released today by State Comptroller Thomas P. DiNapoli. The sector’s relatively strong job gains over the past two years were fueled by increased demand for moving goods rather than people during the pandemic.
Transportation and Warehousing - Charts
DiNapoli: Local Sales Tax Collections Grew by Nearly 17% in May
Local sales tax collections in New York state increased by 16.7% in May compared to the same month in 2021, according to an analysis released today by State Comptroller Thomas P. DiNapoli. Overall, local collections totaled $1.7 billion, up $242 million from May of last year.