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Evolving Economy

Known for its rich history, incredible diversity, and unmatched cultural scene, Brooklyn is where the world looks for inspiration and innovation. The evolution of Brooklyn’s economy is astounding; since 2009, the number of businesses has increased by 32 percent and business sales are up 48 percent. Today, private sector employment is at a record high and the unemployment rate is at a record low.

NYCEDC is working in Brooklyn to provide more economic opportunity for all residents while continuing to celebrate the borough’s unique heritage.

Brooklyn at a Glance

Crown Heights basketball. Photo by Tagger Yancey IV/NYC and Company
By The Numbers


Languages are spoken in Brooklyn.

Fulton St. in Brooklyn. Photo by Molly Flores/NYC and Company
Center of Commerce
By The Numbers


Arts and cultural institutions call Brooklyn home.

Coney Island Shoreline, Photo by Jerry Trudell/Getty Images
On the Waterfront
By The Numbers


People cross the Brooklyn Bridge each day.

RLab launch. Photo by Kreg Holt/NYCEDC
Innovating in Brooklyn
Greenpoint Ferry Landing, Photo by Kreg Holt/NYCEDC
By The Numbers


The number of NYC Ferry stops in Brooklyn

Park Slope homes. Photo by Joe Buglewicz/NYC and Company
Living Here
By The Numbers


People visit Brooklyn each year.

Kings Theatre, Photo by Julienne Schaer
Arts and Culture
By The Numbers


The amount of shoreline in Brooklyn, in miles

Brooklyn Bridge, Photo by Brittany Petronella/NYC&Company

A Competitive Edge

Brooklyn has a number of competitive advantages that have helped bolster employment growth across the borough, including:

  • Diversity - a large, skilled, and diverse labor force
  • Dynamism - an established education and research infrastructure
  • Density - a dense urban core with access to amenities and points of interest
  • Direct Access to Manhattan - accessibility via public transportation networks to Manhattan and the rest of the city
BAT Tenant. Photo by NYCEDC.

Doing Business in NYC

Explore business programs, financial solutions, and other opportunities to make the most of doing business in NYC.

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