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StatsBee is a column featuring interesting statistics about NYC, written by economists at the Economic Research & Analysis department within NYCEDC’s Center for Economic Transformation.
by Andrea Moore and Kristina Pecorelli, Economic and Research Analysis
According to Census data, the number of single men ages 20 to 34 in NYC increased by nearly 5% from 2010 to 2012, compared to a 2% increase among single women of the same age. In other words, there are now 1.04 single men for every single woman in the city, up from 1.02 in 2010.Read More
by Kevin McCaffrey, Economics Research and Analysis Project Manager
More international students are now attending U.S. colleges than ever before. According to a report by the Institute of International Education, there are currently 40% more international students studying in the U.S. than there were 10 years ago.
In New York City alone, 46,870 foreign students were enrolled during the 2012–2013 school year. U.S. News & World Report states that both New York University and Columbia University...Read More
by Kristina Pecorelli, Economics Research and Analysis Project Manager
While New York City continues to face blustery, cold, and snowy weather, it's easy to forget all of the fun cold-weather activities around the city. Whether you’re looking to switch up your post-New Year’s exercise routine or are in search of a romantic setting for a winter date night, New York City’s outdoor skating rinks—scattered throughout the five boroughs—-offer an enjoyable way to weather the cold while taking in some of the city’s most breathtaking skyline views.
Many skaters have turned to the new LeFrak...Read More
Although summer isn't officially over until September 22nd, Labor Day is traditionally viewed as the last day of summer vacation. It will also be the final day to put in your laps at any of the 56 free outdoor swimming pools located throughout New York City. According to the NYC Department of Parks & Recreation, Manhattan has the greatest number of outdoor pools with 16 pools, but Brooklyn falls right behind with 15.
|Borough||# of Pools|
By Andrea Moore, Project Manager, Economic Research & Analysis
Last week, the National Venture Capital Association (NVCA) and PricewaterhouseCoopers released their most recent quarterly MoneyTree report, which provides information on U.S. venture capital deals and investment dollars. StatsBee wanted to take a quick look and assess how New York State did during the first quarter of 2013.
New York posted another solid quarter of venture capital investment, especially...Read More
By Fiona Peach, Assistant Vice President, and Andrea Moore, Project Manager, Economic Research and Analysis
New York City’s tech scene has been getting a lot of attention lately, including our most recent StatsBee post about NYC’s tech boom in 2012. ARead More
By Michael Moynihan, Chief Economist & Senior Vice President for Research & Analysis
It’s no secret that the New York City technology scene is booming. Spurred by city initiatives combined with favorable global trends, the City has incubated some of the hottest startups around. Tumblr, Foursquare and Gilt Groupe are just three examples of the City’s ability to spawn new companies that leverage the City’s existing strengths in media, communications and fashion. While startups abound, many are still privately-held, making the precise value of the overall tech sector hard to quantify. However, confirmation of the economic value of the startup scene emerges from recently released figures that testify...Read More
By Andrea Moore, Project Manager, Economic Research and Analysis
The excitement of the holidays is now behind us and we have officially entered into winter in New York City. With hectic schedules and no shortage of things to do even in chillier temperatures, City residents and visitors alike often turn to a hot cup of coffee, tea,...Read More
In the August 2012 Economic Snapshot, we looked at the industries driving economic growth in New York City. One of the sectors that showed solid growth from 2010 to 2011 was Retail Trade.
While the number of Retail establishments grew at roughly the same pace as the overall private sector during the year, employment in Retail grew at a faster rate: 3.6 percent from 2010 to 2011, compared with private employment growth of 2.8 percent. When compared with the industry’s performance over the past decade, Retail’s recent boom is even more...Read More
Tennis fever will once again take over New York City next week, as the country’s largest tennis tournament returns to Queens! The US Open, which begins play on Monday, August 27, is the last of the four major tournaments of the tennis season. Nearly 713,000 people attended the US Open in 2010 (the latest year for which data are available) at theRead More