Journal Article

Can New York City bank on Wall Street?


Abstract: The securities industry is more important than ever to the New York City economy, and a protracted downturn in the industry's employment could seriously hurt the overall job picture. Increased stability in other New York City industries, however, could help soften the economic effects of such a downturn.

Keywords: New York (N.Y.); Securities;

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Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Current Issues in Economics and Finance

Publication Date: 1999

Volume: 5

Issue: Jul

Order Number: 11