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Interest Rates and New Yorkers

 |  NYCEDC
The Federal Reserve raised interest rates on March 15, 2017 – only the third time since the height of the financial crisis. So, what does this mean for New York City’s economy? First, let’s explore how interest rates work.

Resources

  • February 2017 Economic Snapshot: Interest Rates Take a Hike!

    The year is off to a good start as January 2017 saw a sharp rise in private sector employment.

  • January 2017 Economic Snapshot: Making Sense of the Numbers

    Job numbers are high, construction is bustling, and the Gross City Product is up 1.7% — but what does that all really mean? This month, we dive into the data to explain to everyday New Yorkers how to make sense of it all. We hope you enjoy our brand new, easy-to-read format! Don't forget to join Simon and Andrew for an in-depth discussion on New York City's economy, only on the Economic Snapshot Podcast.

Real Estate Development & Procurement

Coney Island East Amusement RFP

Last Updated

New York City Economic Development Corporation (NYCEDC), in coordination with the New York City Department of Parks & Recreation, is seeking the development and operation of amusements, games and/or ancillary entertainment attractions on several city-owned sites in the Coney Island amusement area.

View All Real Estate Development Opportunities

Green Infrastructure Request for Proposals for the Provision of Civil Engineering Design Services

Last Updated

New York City Economic Development Corporation (NYCEDC) is seeking up to nine design consultants or consultant teams to provide design services for green infrastructure in the Brooklyn Coney Island Wastewater Treatment Plant tributary areas CI-004 and CI-005. The purpose of this project is to support New York City Department of Environmental Protection’s (NYCDEP) Green Infrastructure Program and to deliver green infrastructure capital projects.

View All Procurement Opportunities

#82: Interest Rates Take a Hike!

What happens when the Fed raises interest rates? How do these interest hikes affect everyday New Yorkers? This month, our old friend and colleague Kim Grauer joins us to discuss everything you've ever wanted to know about how these interest rates affect the economy. Don't miss it!

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