Whether we’re tracking the evolution and growth of NYC’s economy and neighborhoods, publishing new data and innovative case studies, or analyzing the emergence of new industries, NYCEDC has its finger on the pulse across all five boroughs.

The Economic Research & Policy Group

NYCEDC's Economic Research & Policy (ERP) group performs industry and economic research to provide insights into key policy issues, conducts economic analysis of New York City projects, and tracks economic trends for policymakers and the public. ERP also helps NYCEDC evaluate projects by setting up tools to assess, measure, and report on ideation and results. The team advances high-impact thought leadership on inclusive and innovation-driven economic development.

NYC Economic Snapshot

Our monthly New York City Economic Snapshot assembles and highlights data from key sources that we track most closely in measuring the strength of the city’s economy. This monthly data informs our work here at NYCEDC, and we hope you find it useful to your work as well.

Snapshot Highlights – September 2026

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9
By The Numbers
4M

foreign-born workers in the NYC metro area, nearly 50% more than Los Angeles

Three people in an office are engaged with computer work. Two are focused on a monitor, while the third is writing on a whiteboard in the background. The atmosphere is collaborative and professional.
By The Numbers
62.0%

labor force participation rate in September

Aerial view of the Flatiron Building in New York City. The triangular building is flanked by other high-rise structures, with streets bustling with vehicles and trees visible in the foreground under a clear blue sky.

The Black unemployment rate fell 1.2 percentage points in Q3 to 7.3%, now lower than its pre-COVID level.

Aerial view of Manhattan, New York City, featuring the dense skyline including One World Trade Center. The Hudson River and various piers are visible, with a mix of urban and waterfront areas under a clear sky. Photo by Jerry Trudell.
By The Numbers
13.0B

in VC funding raised by NYC companies in Q3

A man in a blue patterned shirt smiles while selecting produce in a grocery store. He is reaching for items on a well-stocked shelf with vegetables and fruits, including bananas and peppers. The store has a bright, spacious interior.
By The Numbers
4.8%

unemployment in September

NYC Economic Snapshot

This month's full report on NYC’s economy.

Read the Report

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