Festive Spending: The Impact of the Holiday Season in NYC

From the Macy’s Thanksgiving Day Parade to the iconic Fifth Avenue window displays, NYC offers many world-renowned holiday activities that attract hundreds of thousands of visitors every year.

The holiday season is also a time of celebration for many local businesses. The increased visitation and holiday spending stimulate the local economy, create 14,000 employment opportunities, and generate an annual economic impact of over $500 million.