new york tourism income

Annual Report 2023

New York City Tourism + Conventions is the official destination marketing organization and convention and visitors bureau for the five boroughs of New York City. Our mission is to invite the world and energize the City, building equitable, sustainable economic prosperity and community through tourism for the mutual benefit of residents, businesses and visitors.

Letter from OUR Chairman and CEO

Welcome to our 2023 Annual Report.  The story of New York City tourism is one of resilience and tenacity. This report is a record of the creative energy, relentless determination and innovative collaborations that are, once again, returning the tourism and convention industry to reliable growth in visitation, spending, jobs and economic impact.   The numbers bear out the story. Last year saw robust growth in visitor volume, up almost 10 percent from 2022. The forecast for 2024 calls for moderate but healthy growth at 4 percent. Looking further out, indicators point to consumers continuing to prioritize travel spending giving confidence to our projection that 2025 visitation is likely to exceed 68 million for the first time, almost 2 million more than our prior record.  Challenges to this level of growth remain and must be continually monitored and addressed. Ongoing economic pressures, geopolitical tensions and competing destinations factor strongly, but also perceptions of safety and shrinking city contract funds strain resources and reduce marketing reach. As we continue to navigate these challenges and the road to full tourism recovery, we are guided by our strategic priorities and an enduring commitment to celebrating the rich diversity of the five boroughs as the greatest destination in the world. One of our greatest advantages is the partnership with you, our members and stakeholders. It is your investment that fuels our programming and enriches our content. It is our promise to continue delivering a robust suite of benefits, insights and sales opportunities to grow your business as your one-stop shop for maximizing tourism impact. As we look to the exciting year ahead and major events like America250 and FIFA World Cup 26, we are more grateful than ever for your engagement and support. Charles Flateman Chairman New York City Tourism + Conventions ‍ Executive Vice President The Shubert Organization Fred Dixon President and CEO New York City Tourism + Conventions

Pathing recovery: 2023 data

New York City’s tourism and convention industry performance was marked by steady recovery patterns across all sectors—day and overnight, domestic and international, as well as leisure and business travel.

Travel Performance 2019–2023

Strong fundamentals sustain travel to New York City in 2023 and lay the groundwork for continued growth.

By the end of 2023, overall visitation had reached 93% of 2019 benchmark levels. Monthly visitor trends returned to typical seasonal patterns, rising from the winter doldrums of January, warming up in spring and summer, and then taking off with the return to school, work and shoulder-season travel from September through December 31. The final numbers for 2023 reached 62.2 million visitors—11.6 million international and 50.6 domestic. This was a 9.6% increase over 2022 levels, driven by the strong return of international travel (up 23%). The domestic day-trip market was a key driver of success at 24.6 million, while overnight reached 25.9 million.

Travel Benchmarks 2021–2023

The City and the travel industry have moved past the worst effects of the pandemic. Despite tremendous progress, full recovery is just out of reach.

Over the past three years, we have witnessed key market segments pacing at different rates. First to recover was the domestic market accounting for the largest share of visitors and reaching 95% of 2019 benchmark levels. This activity was supported in each of the past three years by the leisure travel market pulled back into the City by the dynamic activity in places to dine, shop, eat, explore and stay. International travel has seen mixed results across the more than 20 origin markets that keep New York City the largest international destination in the US. The rapid recovery rates each year since 2020 have brought the international market back to 86% of benchmark. The business travel market, typically accounting for over 20% of the market, is also continuing to pull back up to 2019 levels.

International Visitation

With the most global mix of international markets, New York City is pacing back to record levels of visitation.

Looking at the top 10 inbound markets provided solid evidence of how international travelers are drawn to New York City. Between 2022 and 2023, visitation saw increases across all world regions. Canada and Mexico together grew by 42% year over year, reaching 98% of pre-pandemic levels. The overseas markets continued to grow, up 21% compared to last year and reaching 86% of overall benchmark levels. The UK remains in top position with more than 1 million visitors. European markets including France, Italy, Germany and Spain benefited from regular and direct air routes into our three international airports bringing in over 2.3 million visitors combined. The Asia-Pacific region highlighted Australia and China staying in the top tier. From Latin America, Brazil remained the most dynamic source market.

Hotel Performance

Overnight visitors to New York City are driving strong hotel room demand and high room rates.

Hotel performance continues to improve each year since the 2020 pandemic disruptions. Domestic leisure visitation has recovered most quickly across all five boroughs and classes of hotel service. Transient and group business events began to push demand and rates up during the spring and fall activity periods. Overall performance, however, reflects the slower recovery of longer staying international travelers from APAC and LATAM regions. Visitor accommodations in hotels averaged over 120,000 rooms in active inventory throughout the year (rooms used for shelter/emergency uses are not included in these calculations). By year-end, room nights sold (demand) had reached 36.1 million, a 7% year-over-year increase. Citywide occupancy rates averaged 81.6%, 10% above 2022, but still below 2019 record levels. Following national trends, the average daily rate (ADR) pulled ahead of pre-pandemic levels and continued the year-over-year increases.

Marketing Strategies

Through innovative branding strategies and an unwavering commitment to showcasing NYC’s dynamism and diversity, we promoted the five boroughs as the world’s most aspirational and welcoming destination.

Reenergizing Our Brand for a New Era

As of March 2023, we are New York City Tourism + Conventions. The introduction of our new name and brand system marks a significant moment for our organization. With our new brand, we aim to capture the essence of New York City in its entirety: an ever-expansive destination that offers diverse and authentic experiences that enrich the traveler and benefit all New Yorkers. This shift strategically positions us to continue leading the City’s nearly $65 billion tourism economy. It makes clear our purpose and mission as the official tourism organization for one of the world’s greatest destinations—our commitment to New York City has never been greater.

We launched digital media campaigns to help build awareness of our new name and branding. We also created a new welcome video to drive leisure visitation along with a new video targeted at business event planners, which features those planners describing why NYC is the ideal destination to host events. The videos capture the essence of “What’s Good in NYC” and have been well received in our events and speaking engagements.

The new NYCtourism.com website debuted in June with a refreshed look, bringing the new brand fully to life and providing a more intuitive experience for users, while still housing all the information visitors and our business audiences need to experience the best of the five boroughs. To spread awareness of the new site, we deployed out-of-home media (printed and digital bus shelters and LinkNYC screens) targeting locals and in-market visitors as well as a digital campaign (activating social media, account-based marketing, native display and outstream video) to reach B2B audiences to boost membership growth, convention and event bookings, tourism development inquiries and newsletter sign-ups.

Leveraging Our Complete Marketing Ecosystem

Our teams work constantly to inspire and inform potential visitors about the unique appeal of NYC as a destination. Our marketing ecosystem, anchored by our new website, serves as the central hub for travelers, locals and businesses seeking to explore the vibrant offerings of New York City. Our website emphasizes a user-centric approach, leveraging partnerships with leading travel marketing platforms and enhancing engagement with tools like QR codes, itineraries, video and other immersive content. Our email marketing program prioritizes subscriber engagement, sharing tailored messages for our various audiences. Our social media presence includes multiple platforms: Instagram, Facebook, X, TikTok, WeChat and Weibo for leisure travelers and LinkedIn for business audiences. NYC Tourism + Conventions also makes use of our substantial out-of-home media inventory through JCDecaux and Intersection to advertise vibrancy programs, amplify content and promote our partnerships.

Promoting the Breadth of Experiences Only Found in NYC

Content shared through our channels reinforces our commitment to celebrating New York City’s richness and diversity, ensuring a compelling presence in the digital landscape.

Our Webby Award–winning culinary content offering, Savor NYC SM , is updated monthly, along with a bimonthly feature on our social channels. Now our evergreen dining platform, Savor NYC focuses attention on the City's incredible dining scene to firmly reinforce NYC’s reputation as the dining capital of the world. The platform is an all-encompassing resource for locals and visitors, providing themes that highlight distinct cuisines, multicultural neighborhoods, seasonal dining and culinary offers. Savor NYC also showcases major citywide events and holidays through a culinary lens. Each month, the initiative receives promotion through owned, paid and earned media—including our website, social channels, email newsletters and LinkNYC screens. To date, the Savor NYC landing page on NYCtourism.com has earned over 270,000 unique page views. 

Three photos: Half a pizza; a woman in front of dishes of food; two restauranteurs in front of a restaurant

Our retail hub, Shopping in NYC , is updated quarterly and supported by long-form retail social videos featured bimonthly on our channels. Our team published several articles in support of this category, including “Immerse Yourself in the Luxury of Madison Avenue,” which invites readers to explore and shop the tony Upper East Side enclave; “Your Ultimate Guide to Holiday Shopping,” sponsored by Starbucks, featuring suggestions on the best locations across the City to purchase seasonal gifts; and a refresh of “25 Essential Soho Shops,” consistently one of our website’s best-performing pieces of content. In the meantime, our dedicated retail social coverage highlighted a wide swath of venues, including The Museum of Broadway Shop, The Shops at Rockefeller Center and holiday window displays of iconic retailers like Bloomingdale’s, Nordstrom, Saks Fifth Avenue and Macy’s. Posts across Instagram, Facebook, X and YouTube were focused on promoting shopping and retail, netting 361,000 impressions and 13.2 million engagements.

Arts & Culture

Arts and culture institutions and events across the five boroughs receive promotion through our quarterly guide , featuring prominent placement on our site and in social, as well as in our consumer- and business-facing newsletters. Each offers a variety of seasonal highlights, promoting the incredible depth and diversity of the City’s cultural milieu. Among the many institutions and organizations we covered this year were the Brooklyn Museum for their Spike Lee retrospective; artist Michael Richards’ show at the Bronx Museum; the New York Philharmonic; a performance by the Alvin Ailey American Dance Theater; the Barkley Hendricks exhibition at the Frick Madison; costumes from the musical Six at The Museum of Broadway; and work from the show by artist Leslie Martinez at MoMA PS1. The Fall 2023 edition garnered 194,000 impressions and nearly 4,000 engagements alone.

a basketball hoop, ballet dancers, and orchestra, and a piece of art

Hip-Hop in NYC

We created an incredible array of content in support of the citywide celebrations of the 50th anniversary of hip-hop . That content now lives on the evergreen hip-hop hub on our website, serving as a resource for NYC visitors interested in exploring all aspects of the culture. The hub showcases inspirational stories, guides to hip-hop–themed small businesses, murals, interviews with notable figures and an interactive map with touchpoints to experience hip-hop culture across all five boroughs. Among our most important features are comprehensive guides to hip-hop history across the City; highlights of important moments in hip-hop from The Apollo Theater in Harlem; and interviews with Ralph McDaniels of Video Music Box , Debra Harris of Hush Hip Hop Tours and Rocky Bucano of The Hip Hop Museum. In addition, the team created a stunning printed map, promoted on over 150 bus shelters across the City, featuring the names of artists and places that helped shape and promote the movement. The team also inked a partnership with NYC radio celebrity Angie Martinez. We conducted our first-ever Instagram Live interview with her, and she recorded ads promoting the hip-hop hub on NYCtourism.com, distributed over Spotify. So far, the promotion has resulted in well over 100,000 unique page views.

Person standing in front of a bus shelter

It’s Time for Culture

Our It’s Time for Culture SM campaign, which ran in May 2023, supported the cultural community by showcasing unique value-added opportunities for arts lovers during one of the City’s prime moments on the cultural calendar. The program featured 103 events across 82 participants, and coincided with the International Contemporary Furniture Fair, Frieze New York and NYCxDesign, offering a robust set of options for cultural visitors. It’s Time for Culture was promoted via NYCtourism.com, organic social media posts, a press release and targeted pitching, email newsletters, print and digital bus shelters, and LinkNYC screens. Paid media included ads on Facebook, Instagram, TikTok, CTV, native display and SEM. In total, the program drove 115,000 landing page visits, delivered 62 million impressions on our out-of-home ads (valued at $578,000) and 7.5 million impressions for our digital paid media.

Check-In NYC

Like all of our content-driven initiatives, this ongoing series is published and promoted across both our web and social channels. As part of our mission to support NYC hotels and inspire visitation, #CheckInNYC covers a wide variety of the City’s accommodations, highlighting various hotel options, amenities, neighborhoods, new and renovated properties and only-in-New-York experiences that visitors can enjoy on a seasonal basis. Holiday- and NYC Winter Outing–themed content performed notably well. Over our social channels alone, the series has earned nearly 500,000 impressions and a 4.2% engagement rate—more than 2.5% higher than our average.

Encouraging Sector Spending During Shoulder Periods

In 2023, we conducted two editions each of NYC Broadway Week SM , NYC Off-Broadway Week SM and NYC Restaurant Week®, complemented by the return of NYC Hotel Week SM and NYC Must-See Week SM , which are part of our expansive NYC Winter Outing SM program. Over 800 organizations participated in the NYC Winter Outing 2024 programs—a record. Member businesses were very active in promoting the program on email and social media posts, which we further amplified across all NYC Tourism + Conventions channels.

Our hallmark vibrancy initiatives support our members by increasing shoulder-season demand, offering visitors and locals the opportunity to enjoy experiences at an attractive price point during traditionally slow periods across hotels, restaurants, Broadway productions, Off-Broadway shows, museums, cultural institutions, attractions and tours. ‍ NYC Tourism + Conventions social published 140 organic posts throughout the NYC Winter Outing 2024 messaging cycle (Nov 14–Feb 4), earning 3.2 million impressions and 20,200 engagements.

Three phones with restaurant content shown in Instagram

Eighty-seven members participated in aggregate in our “Social Splash” campaigns dedicated to each program. In addition, 35 restaurants were nominated in our first-ever “Best Menu Award,” with many spots actively participating on their social channels to get out the vote. In 2024, the campaign creative for all programs was updated to incorporate our new brand design and creative system.

Growing our Audiences

Our strategic partnerships with a diverse array of organizations assist us in promoting NYC to potential travelers from around the world while nurturing a deeper appreciation for the City's rich experiences.

Reaching More Audiences Through Strategic Partnerships

Each of our partnerships showcase the breadth of activities available in the five boroughs, providing incremental support to our member businesses. Promoting cultural celebrations, sporting events and performing arts and working alongside travel and culinary institutions allows us to expand our audiences and the reach of our content. NYC Tourism + Conventions enables partners to promote their event or project through our digital and out-of-home marketing channels in exchange for providing equal exposure for our content through the partner’s website, newsletters and events.

Entertainment and Performing Arts

St. ann’s warehouse and monsoon wedding.

Monsoon Wedding is a stage musical adaptation of the acclaimed 2001 film of the same name, directed by Mira Nair. Telling the story of an Indian family as they prepare for a lavish wedding ceremony in Delhi, the cast and crew all represented the South Asian diaspora. NYC Tourism + Conventions partnered with St. Ann’s Warehouse to boost our Asian and South Asian content by including our South Asian guides, itineraries and content in their dedicated emails, ticket confirmation emails and social media posts.

And Just Like That…

This past summer celebrated the 25th anniversary of Sex and the City and the second season of Max’s spinoff And Just Like That . NYC Tourism + Conventions partnered with the franchise to celebrate this moment by coordinating lighting displays at the Empire State Building, Javits Center, One Bryant Park, One World Trade Center and Pier 17 in exchange for promotion in Max’s owned channels. Our brand and partnership was mentioned in the show’s official media release. Our shopping guides were featured on their social accounts, and they shared illuminated building images, tagging @nyctourism and the participating buildings. Additionally, our team participated in the Empire State Building lighting ceremony alongside actress Sarah Jessica Parker, confirming our role in enhancing the City’s tourism and cultural appeal.

The Life of Pi featured NYC Tourism + Conventions as a partner of the show on their website and drove to our Asian Experience content hub through dedicated social media posts, post-trip emails and inclusion on their website. In turn, the Life of Pi was promoted in our B2C newsletter content during AAPI Heritage Month in May.

BroadwayCon

BroadwayCon is an annual convention that brings together theater fans, professionals and performers to celebrate the world of Broadway. The event provides a unique opportunity for fans to connect with each other and with the Broadway community while celebrating their love for theater. We partnered with BroadwayCon to amplify our outreach for NYC Broadway Week. We delivered 1 million LinkNYC screen impressions, an event listing on our official website and social media support in exchange for a sponsorship logo inclusion, a dedicated digital screen amplifying NYC Broadway Week, social media promotion of our messaging and a dedicated post-conference email to attendees highlighting the program.

Chelsea Film Festival

The Chelsea Film Festival returned to NYC this year with a celebration of New York City’s cultural and cinematic landscape. They hosted the world premiere of our Local Legends film series, followed by a panel featuring our SVP of Content and DiversityInitiatives, Rondel Holder. This 11th anniversary of the Chelsea Film Festival had over 2,500+ submissions. Local Legends was one of 18 Indie Episodic films shown at this festival that garnered a 10,000 in-person attendance. We marketed this festival with 2 million LinkNYC impressions, an event listing on NYCtourism.com and a presence in NYC Tourism + Conventions’ Fall Guide in exchange for a screening of our Local Legends series at the festival, logo inclusion in event communications and banner ads in event emails.

New York Comedy Festival

We continued our partnership of the New York Comedy Festival by promoting the festival on LinkNYC screens, social media and in our consumer newsletters in exchange for promotion of our comedy guide through the festival's email channels. Our video content was also aired in the event venues.

SummerStage and Park Jams

Already a partner for our Hip-Hop in NYC content hub, NYC Tourism + Conventions partnered with Mass Appeal—already a partner for our Hip-Hop in NYC content hub—for the SummerStage Park Jams event on June19, celebrating the 50th anniversary of the genre as well as Juneteenth. The event took place at Rumsey Playfield in Central Park and featured performances by renowned hip-hop artists such as DJ Premier, Grandmaster Flash and Kid Capri, among others. We provided support for the event with out-of-home placements, social amplification, paid digital media and an event listing on our website. In return, we received partnership designation, logo presence on screens during the event, a dedicated call-out at the event, and access to tickets and VIP privileges. We also licensed our NYC Parks mark in celebration of hip-hop starting in a park to develop merchandise that was sold at the event and online.

A DJ plays music to an outdoor crowd at night

Rock & Roll Hall of Fame

NYC Tourism + Conventions partnered with the Rock & Roll Hall of Fame for its Induction Ceremony on November 3 at Barclays Center. The event was also featured in our Hip Hop 50 campaign as it honored DJ Kool Herc, a pioneering figure in the foundation of hip-hop. We provided an event listing, paid social amplification, inclusion on LinkNYC screens and Taxi TV inventory and email newsletter inclusion in exchange for an ad in the digital program for the event, an email and social post promoting our hip-hop content to their membership, and logo inclusion in the credits on the Disney+ stream of the event. This exchange served as a fitting conclusion to our yearlong celebration of hip-hop, reinforcing NYC’s stature as a city that embraces and champions diverse musical legacies.

James Beard Foundation and Queens Night Market

NYC Tourism + Conventions partnered with the James Beard Foundation and Queens Night Market to promote an exciting culinary event at the newly opened Pier 57 dining venue operated by the James Beard Foundation. As part of the AAPI Heritage Month celebration, Queens Night Market hosted a special evening at Platform by JBF. We supported the event via an event listing, social media promotion and inviting community members featured in our Asian Experience content.

Multicultural

Black gotham experience.

We partnered with City Hall’s Public Design Commission and Black Gotham Experience (BGX) on the promotion and rollout of BGX’s short film, Epicenter . The film covers the history of NYC’s City Hall through the lens of the experiences of Black New Yorkers and debuted in February in commemoration of Black History Month. We promoted the film on LinkNYC screens and in email and social posts in exchange for attribution in the film and in social posts promoting the film, as well as rights and clearances to share a cutdown of the film in our social channels.

Harlem Week

This annual festival celebrates the rich history and culture of Harlem through in-person and virtual events. Ahead of the event’s 50th anniversary in 2024, we once again supported the program with social and editorial content in exchange for sponsor designation.

Diwali on the Hudson

Our collaboration with Diwali on the Hudson, in partnership with the Desai Foundation, marked a significant milestone as we joined forces for their 10th-year capstone event celebrating Diwali in NYC. This occasion marked the first-ever celebration of Diwali as a public-school holiday in the City. We gained valuable exposure by sharing our South Asian Guide on social channels owned by Diwali on the Hudson.

In celebration of the largest annual sporting event in NYC, we partnered with the United States Tennis Association (USTA) to promote the US Open on our homepage and in our summer guide, as well as with influencer and social coverage during Fan Week. In return, the USTA promoted our site on USOpen.org, included our banner ad in their Insider email newsletter and aired our 30-second destination video to their audience of 500,000 tennis fans.

TCS New York City Marathon and NYRR Midnight Run

We continued our partnership with New York Road Runners (NYRR) with promotion of the TCS NYC Marathon. NYRR promoted our marathon viewing guide across their owned channels, including push notifications via their app, email inclusions and within their social media posts. This year’s marathon saw 51,453 runners from across 131 countries reach the finish line. The marathon app was downloaded 480,000 times and had a social media following of 859,000. In turn, we promoted the NYRR New Year’s Eve Midnight Run, adding the event to our website’s event listings and showcasing it on targeted social media posts.

JP Morgan Tournament of Champions

The JP Morgan Tournament of Champions is a professional squash tournament that features the world’s best squash players. Held January 18–25, this year marked the 26th year of the tournament at Grand Central Terminal.  NYC Tourism + Conventions provided several assets to the tournament, including a custom restaurant guide around Grand Central, access to our Delegate Pass, a welcome letter from the Mayor and video assets shown at City Winery, where the watch party took place. The tournament included our logo and links to NYCtourism.com in newsletters and social media posts and promoted the Delegate Pass to their attendees.

FIFA recently announced MetLife Stadium as one of the host venues for soccer matches for the CONMEBOL Copa America 2024, which will be promoted through NYC Tourism + Conventions social channels. Matches include Chile vs Argentina (June 25), Uruguay vs Bolivia (June 27) and the semifinal match (July 9). Looking to the FIFA World Cup 26™, New York/New Jersey was awarded the final match on July 19, 2026, along with seven other matches, cementing our region as the most important stage for the world’s biggest events.

Kayak and Priceline

On October 5, Kayak and Priceline invited NYC Tourism + Conventions to create an engaging familiarization trip for 100 airline partners who were brought to NYC in celebration of the airline community. In return, we received prominent exposure throughout the event and the opportunity to present to the participants.

Expanding the Reach of NYC Marks at Home and Abroad

NYC Tourism + Conventions aligns with many organizations to reach audiences, featuring the City’s unique character in a variety of goods from well-known brands. In 2023, we entered our ninth year of partnership with the iconic New YorkCity brand Only NY. They continually reinvent and promote the NYC Parks, TheCity of New York Department of Sanitation (DSNY) and NYC marks, keeping consumers interested in quintessentially New York City brands and institutions.We are excited to work on a partnership to highlight their 10th year as a licensee in 2025.

The collaboration between NYC Tourism + Conventions and Mass Appeal in Q3 enhanced the impact of the Hip Hop 50 celebration. Through this partnership, we successfully extended licensing rights for the NYC Parks and “Made in NYC” marks. This move enabled the production of exclusive apparel items, aligning with our business objectives and showcasing the City’s hip-hop culture. These products sold out during the Park Jams events as well as Hip Hop 50 Live at Yankee Stadium. They continue to be featured on Mass Appeal’s website and contribute to our broader goal of promoting New York City's cultural richness on a global scale. In Q4, we partnered with NYC streetwear apparel brand TIER to launch an exclusive capsule collection featuring our new logo. The partnership marks the first of its kind for NYC Tourism + Conventions since the organization rebranded. The limited travel capsule collection, which features an interpretation of New York City’s new logo, brand identity and color palette, comprises hoodies, sweatpants, socks and baseball hats. The collection was promoted through our owned channels, out-of-home placements and social media channels. The partnership also included a love letter to NYC by TIER founder Nigeria Ealey. Shared on NYCtourism.com, this collaboration was also featured in Complex , Essence and Travel and Tour World .

NYC Around the World

NYC Tourism + Conventions focuses efforts on attracting both leisure and business travel. By showcasing NYC as the world’s foremost destination for business events, engaging with the travel trade, generating positive press and empowering member success, we help the City maintain its allure on the global stage.

Attracting Longer-Staying, Higher-Spending International Travelers and Meeting Delegates

Since their hiatus during the height of the pandemic, we have now fully restored our network of 17 international in-market representative agencies doing important work on the ground to build visitation and promote our members across 26 countries. These representatives sell our destination to top leisure travel trade, business event organizers and local media outlets throughout their regions. The teams’ efforts in these markets have resulted in a steady increase in lead generation and bookings for all manner of business events, such as meetings and incentive trips. Some markets are offering standout results. Brazil and Mexico are leading the incentives market from the financial, automotive, retail and pharmaceutical sectors, with short booking windows of 30 to 120 days. NYC has also secured hosting rights for various incentives from Singapore, Thailand and Australia, with potential interest from Malaysia and Indonesia for events in May and September. Canada, the United Kingdom, France and Western Europe are pivotal markets for corporate events and meetings, and leads from these regions, particularly in the technology, financial and insurance sectors, will be an important focus for our team through 2026.

This robust sales activity in market, together with our award-winning tourism campaign, kept NYC and our members front of mind for travel audiences around the world. The 2022–2023 iteration of our global marketing campaign, which had 16 distinct market executions that featured travel partners, drove more than 1 billion ad impressions and 1.7 million trips. The campaign was refreshed for 2023–2024, once again featuring Lady Liberty as the ultimate icon of our great city, beckoning potential travelers to NYC. Out-of-home advertisements and media placements launched in January for the latest iteration and will continue to run through 2024.

Showcasing NYC as the World’s Premier Business Events Destination

The Convention Development team remains focused on returning group business to NYC, engaging meeting planners at trade shows and sales missions, and promoting NYC in major markets at home and abroad.

Our Marketing team supports these efforts with media buys that amplify team activities, resulting in over 6 million ad impressions. We also produced a dedicated video for this audience to reinforce the message that NYC is where successful meetings happen.

Here at home, our Destination Services team supports meetings and events throughout the year, including major annual shows hosted in the five boroughs each year like the National Retail Federation, New York Toy Fair and Comic Con. In total, business events bring nearly 6 million visitors to the City, boosting business not just for hotels but restaurants, attractions and service providers as well. This year the team revamped the Destination Services tool kit, which contains several complimentary resources for business event professionals to assist in their planning and to help promote their events in NYC.

View from above of meeting delegates at a business event

Inspiring and Driving Leisure Travel Through the Trade

Engaging the travel trade to drive leisure business is a major focus for our team. We showcase NYC and our members by hosting familiarization trips for top product managers and top-selling travel agents, leading sales missions (in over 12 major international markets in 2023), targeting high-value market segments (like luxury and long stays) and by providing educational and business development opportunities for trade and members.

The New York City Travel Trade Academy (TTA) was relaunched in Q2 of 2023, educating the travel trade on how to package and sell the five boroughs to potential visitors. The content is now available in 10 languages: German, Spanish, Portuguese, Japanese, Korean, Italian, French, Chinese, Hindi and English.

Our Tourism Development team also curates unforgettable experiences for niche market segments. For the luxury segment, the team fosters partnerships with industry-leading associations like Serandipians and Virtuoso, and attends key luxury trade shows like ILTM. A partnership with IGLTA also elevates New York City's profile within the LGBTQ+ travel community, highlighting tailored programs and resources for this market. Efforts to welcome Muslim travelers have been well received by the trade in the Middle East and Southeast Asia market, including promotion of the NYC Halal Travel Guide, the ability to filter restaurants to find halal offerings on our website and dedicated Muslim traveler-friendly content on NYCtourism.com. We are also committed to specifically engaging and welcoming the growing Black travel market by participating in the Black Travel Summit and successfully hosting our inaugural Black travel familiarization trip in February 2024.

The City is preparing to host the 2024 Student & Youth Travel Association’s (SYTA) conference this coming August. This is a terrific opportunity to reinforce NYC’s status as the most popular student and youth destination in North America. NYC Tourism + Conventions is hosting several business expos and reverse sales missions in the City. Members can connect with international buyers locally, saving them time and travel expenses. The travel trade and media representatives also get to discover the five boroughs in person and learn about new services, experiences and travel products across the City. In February 2024, NYC Tourism + Conventions executed two reverse sales missions and business expos, welcoming 40-plus clients from Germany, Switzerland, Austria, the Netherlands, Spain and Mexico. The team is planning more reverse sales missions and business expos later in the year with buyers from Ireland, the United Kingdom (March 25–29), France and Italy (June 16–20) and South America (August 19–23).

Keeping NYC Aspirational by Driving Positive Press Around the Globe

The Global Communications Team is constantly working to position New York City as a premier destination for leisure and business travel worldwide, evidenced by the more than 13,000 media stories they were able to affect, influence or place in 2023. Some of the year’s top themes targeted the rebound of international and business travel, a citywide celebration of hip-hop’s 50th anniversary, ways to visit NYC affordably and shoulder-season promotions showcasing our vibrancy programs featuring the hotel, restaurant, theater, attractions and arts sectors. In addition, the Global Communications team maintains a comprehensive crisis communications strategy at all times, which includes close coordination with city agencies, members, partners and stakeholders to coordinate and disseminate information relevant to the tourism industry during emergencies including weather-related situations. Media relations outreach engaged approximately 900 journalists in target feeder markets to develop highly individualized stories that speak to New York City’s diverse visitor mix. Efforts included the Visiting Media program, which hosted over 260 group and individual visits, composed of site visits, tours and hotel stays across all five boroughs, supported by our members and partners. Our more than two dozen What's New media briefings in 10 markets provided a broad update on major events, programs, and openings citywide as a source of inspiration for future stories. Global media coverage of New York City illustrates the breadth, depth and value of a visit, drives urgency to visit and reinforces the importance of tourism as a major economic driver that benefits all New Yorkers.

SUPPORTING THRIVING COMMUNITIES

We are committed to promoting sustainable tourism, cultural enrichment and economic empowerment. Through strategic partnerships, fundraising initiatives and support programs, NYC Tourism + Conventions fosters an ecosystem where local businesses flourish, neighborhoods thrive and diversity is celebrated.

Advancing Sustainability Dialogue and Best Practices

With our extensive public transportation network and density, NYC is an excellent choice for travelers mindful of sustainability. To support industry efforts to become more sustainable, we are proud to be a member of U.S. Travel’s Sustainability Committee and have ongoing partnerships with Climate Week NYC: The Nest Climate Campus, the World Travel & Tourism Council and The Climate Group. Our editorial team also publishes content on sustainability topics for both our consumer and business audiences.

Supporting Arts, Culture and Community Through the New York City Tourism Foundation

The breadth of the arts and culture scene across the five boroughs is one of the greatest strengths and advantages of our destination. Building awareness of these offerings is an ongoing commitment and supporting the wide variety of small but burgeoning nonprofit arts and cultural organizations that distinguish our city from others is another important tactic. We raise funds through our charitable arm, the New York City Tourism Foundation, to provide grants to local nonprofit, arts and cultural organizations for their own tourism and marketing efforts to build audience and awareness. The Foundation’s primary source of funding is our annual gala, held in December, where we honor industry leaders that have made a lasting impact. The 2023 edition raised over $600,000. Last summer we added a more casual and accessible fundraising event called Summer Soiree. Both of these events will return in 2024.

Empowering Member Success

NYC Tourism + Conventions’ 1,800+ members have access to a suite of business-building tools and resources. Our Membership and Events teams organize webinars detailing ways to reach consumers, travel trade and business event planners. In-person events like the annual meeting, business card exchanges and executive mixers foster professional connections with fellow members. Our Events team shares regular opportunities for members to join the Convention and Tourism Development teams at trade shows and sales missions, and members can work with us to be showcased in familiarization trips and site inspections.

Four people posing for a photo at a business event

We host regular webinars, our Member Talks, which cover topics from accessibility to gender-expansive hospitality training. Last year, we created a series of educational webinars called Meet the Market to educate our members on specific market segments and international regions, which also served to drive interest in joining a sales mission or deep engagement. The team hosted nine Meet the Market sessions the past year, a cross departmental effort between Membership, Events, Tourism Development and international office representatives. Markets and travel segments covered included Asia, Latin America, Northern Europe, Southern Europe, Australia/New Zealand, Canada, student travel and Black travel. Nearly 100 members went on to engage for the first time in sales missions, familiarization trips and trade shows after attending a session.

The Small Business Members Scholarship Program, now in its second year, is designed to provide qualified small businesses and cultural organizations with the necessary support and opportunity to participate in international sales missions and reverse sales missions with NYC Tourism + Conventions while sharing the true diversity of NYC experiences with the global trade. Following a comprehensive evaluation process, nine members were awarded the 2024 small business and cultural trade engagement scholarships. Additionally, through the membership portal of NYCtourism.com, members can access up-to-date market profiles and travel trend insights. Our Research team works on monthly updates to the New York City Tourism Barometer, also available to members providing information on visitor activities and spending, plus data on hotel performance, flight capacities, jobs and other helpful data. The Trend Report, published yearly each fall, provides additional detailed insights including visitation forecasts, hotel performance, traveler sentiment and global market updates.

Supporting Small Businesses Through Storytelling and Education

New York City’s variety of experiences is unmatched—a quality reflected in our members and their contributions to the City’s rich diversity. Through content on our website, social media campaigns, virtual education sessions and award-winning videos like our NYC Local Legends series, we uplift NYC’s multicultural communities to spread tourism’s economic benefits, connecting locals and visitors to the experiences that give the City its unique character. Our Tourism Ready program provides no-cost, valuable educational programming to the business community across the five boroughs on how to work with the travel trade to expand business opportunities. Through a series of free sessions, hospitality businesses learn to attract and manage group travel. These sessions also help expand tour operators’ offerings—encouraging repeat visitation and deeper exploration of the City’s neighborhoods, resulting in greater equity in tourism and economic impact. NYC Tourism + Conventions staff and members regularly participate in educational sessions and in-person experiences, learning about topics like LGBTQ+ and gender, land acknowledgements with the Lenape Center, Hispanic heritage, Diwali, accessibility, Black history and more.

2024 Strategic Priorities

In the year ahead, our work promoting the greatest city in the world will be driven by our core mission following four priority focus areas.

Continue positioning NYC as the world’s most aspirational and welcoming travel destination while influencing exploration of all five boroughs

We will continue to promote the vibrancy of all that NYC has to offer in a meaningful, consistent way across all of our channels, helping to keep our destination continually top of mind for travelers and prospective travelers around the world. Our Global Communications team will continue to work with key media outlets and influencers both locally and internationally to drive immediacy and demand, focusing on product and destination updates and promoting a positive image of NYC around the world. These updates will continue to stress not only all the can’t-miss seasonal developments and openings the City has to offer but also the new shows, restaurants, exhibitions and attractions that continue to provide a multitude of reasons to visit the five boroughs now—reinforcing that NYC is one of the most robust and diverse destinations in the world. We will also focus on promoting value and family-friendly ways to experience the City across all sectors in response to the economic challenges facing many of our key feeder markets while continuing to uplift opportunities that appeal to luxury or affluent travelers, again demonstrating the diversity of experiences available in NYC. Our social channels will continue to feature always-on content showcasing the exciting array of happenings in NYC at any given moment as well as ongoing content that supports each of our membership sectors. In addition to our internal team of experts, this content is developed by our award-winning Creator Squad, representing outstanding local voices across the categories of food, hotels, shopping, Broadway, culture and more. We will continue to showcase local businesses of all sizes, as well as community leaders and business owners across the five boroughs, to help promote neighborhood exploration and cultural diversity. Our Global Communications and Social Media teams will continue to support our signature marketing initiatives, including our vibrancy campaigns, to help drive traffic and sales to the hundreds of participating member businesses. Alongside this work, our ongoing content initiatives will continue to showcase the diverse cultural fabric of our destination, inclusive of our seasonal guides and content platforms such as The Asian Experience in NYC, The Black Experience in NYC and The Latino Experience in NYC. These platforms showcase small businesses throughout the five boroughs, helping drive curiosity and exploration, and provide ample inspiration for visitors to return. They also appeal to first-timers eager for authentic cultural experiences to pair with visits to iconic sites. Our Marketing and Tourism teams are also focused on deeper audience development across key segments, such as luxury, Black travel and LGBTQ+. Our new luxury strategy includes refreshed content on our B2C site as well as a new B2B section exclusively for the luxury travel trade, featuring a specially curated selection of luxury product, resources and guides. We will also create a Luxury Travel Trade Council to create tighter connections with the luxury trade, ensuring they have ongoing product updates and that our organization has the latest insights into this impactful segment. Additionally, we will build on the success of our first Black Travel FAM that cut across our Tourism Development, Global Communications and Convention Sales teams, bringing leaders in Black media, leisure travel and business events into the City for an immersive destination experience. We will continue our engagement with the LGBTQ+ community, focusing our consumer messaging on NYC as a safe, welcoming destination, particularly as we ramp up to WorldPride in Washington, DC, in 2025, looking toward creating visitors’ pre- and/or post-event experiences. Our focus on student and youth travel has never been more important. We will host the 2024 Student and Youth Travel Association (SYTA) conference this August and will continue to focus on value and family-friendly travel moving forward. Other highlights include our partnership with the film Ghostbusters: Frozen Empire this March and a wealth of forthcoming content features about the City’s historic sites as we look forward to the 400th anniversary of the founding of NYC in 2025 and the 250th anniversary of the founding of the United States in 2026.

Sustainably restore visitation, spending and business events

Our marketing campaigns will continue to center around two primary tranches: vibrancy campaigns designed to support our member businesses during key need periods, and our global tourism campaign designed to drive direct bookings to NYC through partnerships with airlines and tour operators around the world. Our vibrancy campaigns comprise NYC Restaurant Week, NYC Broadway Week, NYC Must-See Week, NYC Off-Broadway Week and NYC Hotel Week. These programs will continue under the NYC Winter Outing umbrella in January/February, providing more incentive to drive overnight visitation during our most critical needs period. We will continue to strive for more participation in these programs across all five boroughs to help support as many businesses as possible through the outreach efforts of our Membership and Government Affairs teams. We will also build on our support of those businesses with a suite of tools, including social media campaigns and menu-engineering tips to help them achieve as much success as possible. Further, we will continue to secure airline and rail partners to support the program, as well as the assistance of other brands that can help increase promotional reach and awareness. We will repeat our iconic NYC Restaurant Week program in July/August, as well as NYC Broadway Week and NYC Off-Broadway Week in the fall. And thanks to the invaluable support of our partner Bloomberg Connects, we will once again launch our It’s Time for Culture program this October, designed to provide a moment in the spotlight for our participating cultural members and give culture-lovers around the world a powerful reason to visit NYC at that time of year. We will continue our global tourism campaign, designed to drive direct travel bookings in our key feeder markets through the support of impactful airline and tour operator partnerships. We will develop refreshed creative that continues to iterate on the wildly popular Lady Liberty, leveraging key learnings from our 2023 SMARI results, proving that this imagery resonates with consumers at home and abroad. Our goal will be to continue spreading this effort across as many markets as possible, leveraging our international out-of-home media, courtesy of our partnership with JCDecaux, as well as digital media where possible and across key owned channels. Augmenting these efforts, our Tourism Development team will continue to work with the travel trade to train them on the latest developments in the City to promote a rich, five-borough product offering. They will continue connecting our members to the trade at key trade shows throughout the year, with a renewed effort on Reverse Sales Missions and Business Expos in tandem with our Global Communications and Convention Sales teams. This will allow us to bring more critical players into the market to experience NYC firsthand and engage with a wider variety of our member businesses. Our Convention Sales team will remain steadfast in its focus on bringing in big events of all sizes to NYC from around the world. The team plans to meet and exceed its room-night goals, continuing to grow our current and new relationships with clients both domestically and internationally to bring events to the City and confirm definite hotel room nights for our members. As part of this effort, the team will streamline trade show participation and increase participation in regional and national industry activities to best connect with business event professionals on the ground and encourage them to bring their next event to NYC. In partnership with the Creative/Content and Marketing teams, Convention Sales will update and expand its suite of marketing collateral and sales tools, as well as its ongoing B2B advertising campaigns, which is designed to drive lead generation and traffic to our Meeting Planner website for continued engagement. The team will also continue to grow its partnerships with key industry associations to keep NYC top of mind as a business event destination unlike any other in the world.

Fueling business growth through increased member engagement

We will continue to develop new and enhanced opportunities for deeper engagement with our member businesses to help drive sales and awareness. First, we will maintain a regular cadence of Business Card Exchanges across the five boroughs to create ongoing opportunities for members to network and discover new opportunities for partnerships and business building. We will also continue our popular Member Talks series, both in person and virtual, providing our members with the information and tools they need to stay competitive. We are also developing new opportunities for members to showcase their product offerings and initiatives across our ecosystem through more integrated content and ad sales opportunities, as well as sponsorships of our corporate events, such as our annual NYC Tourism Foundation Gala, our Annual Meeting, Tristate Meeting Planner Event, Member Talks, Tourism Ready, Reverse Sales Missions and Business Expos and more.

Lay the groundwork for forthcoming big events to maximize tourism impact

In 2025 and 2026, New York City will be the site for some of the biggest celebrations the world has ever seen. NYC Tourism + Conventions is already working to ensure the foundation is created now to optimally leverage them for the benefit of our members and our destination. In May 2024, we will announce our upcoming history platform to media and travel trade around the world at IPW, designed to commemorate both the 400th anniversary of the founding of NYC in 2025 and the 250th anniversary of the founding of the United States in 2026. This history platform, Founded By NYC, will commemorate both anniversaries by celebrating the unmatched creativity, innovation and influence New Yorkers have had over the world since our city’s founding. In our creative and content, we will uplift underrepresented voices and stories, particularly those of the Lenape Indian tribe, free and enslaved Black Americans, and women. Our content will cut across our editorial and social channels through an ongoing release of articles, interviews and photo galleries, celebrating the City’s past, present and future, and encouraging travelers to make their own history in NYC. Our platform will also include a partnership with the iconic Broadway musical Hamilton , because what better way to tell the story of NYC’s place in our nation’s founding than with the help of the story that started it all? This partnership will come to life in a variety of ways, with more details to be announced. As our America250 celebrations culminate in summer 2026, NYC and New Jersey will be home to the global celebration of the 2026 FIFA World Cup. Eight matches will take place at New York New Jersey Stadium (MetLife Stadium), from Group Stage Matches starting June 13 to the Finals on July 19. As part of the festivities, there will be NYNJ Fan Fest events in every borough as well as many other tournament-related events. We look forward to leveraging this enormous opportunity to not only positively showcase our destination on a global stage but to encourage visitors to come early, explore more and stay longer.

2023 Financials

During the 12-month period ending June 30, 2023, NYC Tourism + Conventions recognized $21 million of the revenue received from the City through the city contract and an additional $11.6 million in other public funding, including additional funding from the City, the American Rescue Plan and New York State funds. Revenue from the private sector—including membership—totaled an additional $11.2 million. In FY24 and beyond, the company’s city contract is subject to further PEG reductions, which are expected to negatively impact revenue by at least an additional $3 million per year over the next four years.

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Testimony - October 2019

The pivotal impact of new york city’s tourism economy.

In this testimony before the NYC Council Committee on Economic Development, CUF executive director Jonathan Bowles details the growing impact of tourism on the city’s economy and highlights the challenges to sustaining this key economic sector.

by Jonathan Bowles

Tags: economic growth economic opportunity tourism

Testimony of Jonathan Bowles

Executive Director, Center for an Urban Future

Before the NYC Council Committee on Economic Development

New York City’s Tourism Economy

October 23, 2019

Good morning.

My name is Jonathan Bowles. I am the executive director of the Center for an Urban Future, an independent think tank focused on expanding economic opportunity and growing the economy in New York City.

Thank you for the opportunity to testify today.

For more than 20 years now, the Center for an Urban Future has been closely monitoring the city’s economy and developing strategies to create more good jobs across the five boroughs. During these past two decades, New York City has undergone an incredible economic turnaround, adding roughly 1 million new jobs and becoming far more economically diverse.

Few things have been as important to this economic renaissance—or more overlooked—than the city’s booming tourism economy.

Last year, my colleagues and I at the Center for an Urban Future published a report in partnership with Times Square Alliance and the Association for a Better New York which provided a new level of detail about the growing impact of tourism on the city’s economy.

Twenty years ago, roughly 33 million tourists visited New York City. Last year, it was over 65 million.

We found that this boom in tourism has spurred hundreds of thousands of jobs. In the process, tourism has gone from a fairly important part of the city’s economy to one of the four key engines of the city’s economic growth.

Our research showed that there are now 291,000 direct jobs in tourism in New York City, which is more than in finance (which has 268,200) and nearly twice as many jobs as in the city’s tech sector (146,000).

We also found that tourism has played a pivotal role in the growth of so many other important sectors.

For instance:

Tourists are responsible for 24 percent of all credit card sales at New York City restaurants and drinking places. That means that tourism was a big reason why the city added 142,000 jobs at “restaurants and drinking places” since 2000.
Undoubtedly, tourism was key to the 71,000 jobs created in the retail sector since 2000.
In the past few years, tourists have also given local retailers a key source of revenue at a time when many brick-and-mortar storefronts are losing business to online purchases.
The city’s museums and historical sites have added 4,500 jobs in the past 15 years—an 86 percent increase—and the growth in tourists has been a key factor. Tourists have been fueling the growth in attendance at cultural institutions. Tourists now comprise 73 percent of visitors to the Museum of Modern Art, 70 percent of visitors to the Whitney Museum of American Art, and 60 percent of the Metropolitan Museum of Art’s visitors.

Our report also found that tourism has become an increasingly important source of middle-income jobs in New York. As one example, the city is now home to nearly as many hotel jobs, which pay $62,000 per year on average, as jobs in manufacturing, which pay an average of $58,000. And while manufacturing has been losing thousands of jobs, the city has added more than 12,000 accommodations jobs since 2000.

No other sector offers as many accessible jobs—with 91 percent of the jobs in industries fueled by tourism open to workers with less than a bachelor’s degree.

Tourism is also boosting the economy of all five boroughs. There are now roughly 900 more hotel jobs in Queens today than in the year 2000, an increase of 37 percent. In Brooklyn, hotel jobs have increased by 198 percent, or by 1,300 positions.

Tourists are also visiting neighborhoods across the five boroughs, benefiting local businesses and cultural groups. For instance, tourists now account for 14 percent of Visa purchases at restaurants in Prospect Heights and Cobble Hill. In Jackson Heights and Elmhurst, tourists are responsible for 12 percent of all credit card spending in electronics stores and 10 percent of spending in discount stores.

But as important as tourism has become to the city’s economy, New York’s tourism sector faces several challenges that, if not addressed, could cause tourism to slip and jobs to decline.

Some of the challenges are beyond the city’s control, like the deteriorating image of our country across the world.

But many other problems could be addressed locally.

The challenges generally come down to these two things:

New York has never adequately planned for a city with 60 million tourists a year, or made sufficient investments in its tourism infrastructure to sustain this many annual visitors.
Tourism has never been a meaningful part of the city’s economic development strategy.

New York City is fortunate to have what is arguably the world’s most sophisticated tourism promotion agency, NYC & Company. Its work has contributed immensely to the increase in tourism over the past two decades. But funding for the agency has not kept pace with competitors across the globe, and the agency will need sustained revenue to grow its impact in the years ahead.

In addition, many of the challenges facing the tourism sector go well beyond tourism promotion. They require help and support from a range of other city agencies, in particular the city’s economic development agency.

That’s why we recommend establishing a dashboard for the city’s tourism economy. Given the increasing importance of tourism to the city’s economy, NYCEDC should develop a top-level tourism dashboard similar to how it produces economic research about other leading industries like healthcare, life sciences and finance. As of now, research organizations like ours have to dig deep to unearth data and trends that would support better planning. A dashboard would address this issue by presenting up-to-date data on job trends across tourism-related industries.

We also believe that establishing an Office of Interagency Tourism Affairs could be valuable if it elevates the importance of the tourism industry as a priority across city agencies, and it is done in a way that empowers NYC & Company.

Most important, the city should create a long-term tourism plan. Adding 32 million tourists over the past two decades leads to a host of specific and addressable challenges: Where to park the tour buses that flood the neighborhoods near Times Square? How to better handle street and sidewalk congestion in tourist-heavy neighborhoods? How to ensure that the boroughs outside Manhattan are prepared to share in the benefits of increased visitation?

New York City should develop a long-term strategic plan that is attuned to the unique challenges of sustaining more than 65 million tourists per year.

Finally, the city should work with the Port Authority and MTA to improve the experience for visitors at the airports – as well as visitors connecting from airports to the subways. In particular, they should work to make the connection more welcoming at the Jamaica subway station. The AirTrain station at Jamaica is the portal to New York City for millions of tourists, but while the connection from the AirTrain to LIRR at Jamaica is clear and pleasant, the path to the E train at that station is not nearly what it should be for such a major tourist gateway. The subway station itself is uninviting and almost completely lacking in signage that would make tourists feel welcome and help them navigate their journey to Manhattan, Long Island City, or wherever else they are heading in the city.

Thank you for the chance to testify today, and for bringing this important issue to light.

This testimony is a continuation of the Center for an Urban Future's extensive research on the tourism economy, including the recent study Destination New York , which was made possible by Times Square Alliance and the Association for a Better New York (ABNY) .

General operating support for the Center for an Urban Future has been provided by The Clark Foundation , the Bernard F. and Alva B. Gimbel Foundation , and the Altman Foundation . CUF is also grateful for support from Fisher Brothers for the Middle Class Jobs Project.

Related Press

New York Times , by J. David Goodman, April 20, 2020

QNS , by Jenna Bagcal, October 25, 2019

Related Publications

Destination New York
Op-Ed: NYC Tourism Industry Deserves Credit For Major Job Growth

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6 Ideas to Boost New York’s Hard-Hit Tourism Economy.

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Economic impact of tourism in New York, U.S. 2019-2022

The economic impact of tourism in New York state saw significant growth in 2022, reaching 123 billion U.S. dollars. When looking at a breakdown of tourism’s economic impact in New York , direct sales accounted for the highest share of economic impact, followed by induced sales.

Is New York the most visited state in the U.S.?

In 2022, the most visited state in the U.S., by residents, was Florida. This was followed closely by New York, and in third place, California. While New York was not the most visited state, visitation to New York City saw significant year-over-year growth in 2022, reaching 56.7 million visitors.

What do visitors spend the most on in New York?

In 2022, the industry with the highest visitor spending in New York was lodging. Visitors in New York also spent a significant amount on food and beverages, followed by retail and services. Comparatively, the industry which held the lowest share of visitor spending was recreation.

Total economic impact of tourism in New York, United States from 2019 to 2022 (in billion U.S. dollars)

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United States (New York)

2019 to 2022

Figures prior to 2022 come from previous reports.

Statistics on " Tourism in New York "

City destinations with the highest direct travel and tourism GDP worldwide 2022
Economic impact of tourism in New York, U.S. 2022, by type
Tourism-generated employment in New York, U.S. 2022, by county
Most viewed travel destinations on TikTok worldwide 2023
Visitation to NYC, U.S. 2019-2024
Visitation to NYC, U.S. 2019-2024, by origin
Share of business and leisure visitors to New York City, U.S. 2022
Most visited cities by digital nomads worldwide 2024
Total amount spent by visitors in New York, U.S. 2018-2022
Total amount spent by visitors in New York, U.S. 2018-2022, by industry
Total amount spent by visitors in New York, U.S. 2018-2022, by market
Share of visitor spending in New York, U.S. 2022, by region
Selected cities with the highest hotel rates in North America as of September 2023
Selected hotels most posted about on Instagram globally 2022
Number of Airbnb listings in selected U.S. cities 2024
Key data on Airbnb property bookings in NYC, U.S. 2024
Number of Airbnb listings in New York City, U.S. 2024, by room type
Share of long and short-term Airbnb properties in NYC, U.S. 2024
Leading museums by highest attendance worldwide 2019-2022
Number of visitors to the Metropolitan Museum of Art in New York 2007-2023
Selected restaurants most posted about on Instagram globally 2022
Selected landmarks most posted about on Instagram globally 2022
Attendance at Broadway shows in New York 2006-2023, by category
Weekly attendance at Broadway shows in New York 2022-2024
Regular season home attendance of the New York Knicks 2006-2023
Regular season home attendance of the Brooklyn Nets 2006-2023
Regular season average attendance of the New York Yankees 2009-2023
Regular season average attendance of the New York Mets 2009-2023
National Hockey League - New York Rangers home attendance 2005-2023

Other statistics that may interest you Tourism in New York

Basic Statistic City destinations with the highest direct travel and tourism GDP worldwide 2022
Premium Statistic Economic impact of tourism in New York, U.S. 2019-2022
Premium Statistic Economic impact of tourism in New York, U.S. 2022, by type
Premium Statistic Tourism-generated employment in New York, U.S. 2022, by county
Premium Statistic Most viewed travel destinations on TikTok worldwide 2023
Premium Statistic Visitation to NYC, U.S. 2019-2024
Premium Statistic Visitation to NYC, U.S. 2019-2024, by origin
Premium Statistic Share of business and leisure visitors to New York City, U.S. 2022
Premium Statistic Most visited states in the U.S. 2022
Premium Statistic Most visited cities by digital nomads worldwide 2024

Visitor spending

Premium Statistic Total amount spent by visitors in New York, U.S. 2018-2022
Premium Statistic Total amount spent by visitors in New York, U.S. 2018-2022, by industry
Premium Statistic Total amount spent by visitors in New York, U.S. 2018-2022, by market
Premium Statistic Share of visitor spending in New York, U.S. 2022, by region
Basic Statistic Selected cities with the highest hotel rates in North America as of September 2023
Basic Statistic Selected cities with the highest hotel rates in the U.S. as of September 2023
Premium Statistic Overnight accommodation costs in New York 2023, by month
Premium Statistic Selected hotels most posted about on Instagram globally 2022
Premium Statistic Number of Airbnb listings in selected U.S. cities 2024
Premium Statistic Key data on Airbnb property bookings in NYC, U.S. 2024
Premium Statistic Number of Airbnb listings in New York City, U.S. 2024, by room type
Premium Statistic Share of long and short-term Airbnb properties in NYC, U.S. 2024

Attractions

Premium Statistic Leading museums by highest attendance worldwide 2019-2022
Premium Statistic Number of visitors to the Metropolitan Museum of Art in New York 2007-2023
Basic Statistic Cities with the most Michelin-starred restaurants worldwide 2022
Premium Statistic Selected restaurants most posted about on Instagram globally 2022
Premium Statistic Selected landmarks most posted about on Instagram globally 2022
Premium Statistic Attendance at Broadway shows in New York 2006-2023, by category
Premium Statistic Weekly attendance at Broadway shows in New York 2022-2024

Sporting events

Premium Statistic Regular season home attendance of the New York Knicks 2006-2023
Premium Statistic Regular season home attendance of the Brooklyn Nets 2006-2023
Premium Statistic Regular season average attendance of the New York Yankees 2009-2023
Premium Statistic Regular season average attendance of the New York Mets 2009-2023
Basic Statistic National Hockey League - New York Rangers home attendance 2005-2023

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New York Has a $237 Billion Budget. Here Are 5 Things to Know.

Gov. Kathy Hochul and New York City emerged as two of the winners from a budget process that blew past the April 1 deadline.

Gov. Kathy Hochul, wearing a green windbreaker, stands next to a cluster of microphones and speaks to the press outdoors. Behind her, people lounge on grass and walk along a sidewalk that overlooks Niagara Falls.

By Claire Fahy

Reporting from the State Capitol in Albany, N.Y.

In the three weeks since the April 1 deadline for a state budget passed, New York lawmakers experienced an eclipse, an earthquake and a cyberattack .

On Saturday, the Capitol saw a more typical event: the passage of a late state budget .

The $237 billion budget includes $2.4 billion to address the ongoing migrant crisis and hundreds of millions of dollars to bolster distressed hospitals, including Brooklyn’s SUNY Downstate, which had been slated for closure.

It also includes numerous policy initiatives, including new protections for tenants, a prenatal leave program for expectant mothers and an extension of Mayor Eric Adams’s control over New York City schools.

Andrea Stewart-Cousins, the Senate majority leader, called it “an extremely eventful budget cycle.”

Here’s a look at how things went.

How did the governor do?

For Gov. Kathy Hochul, addressing the state’s housing shortage was the top priority, after she failed to pass a comprehensive plan last year. This session, she pushed through a proposal designed to increase housing stock by providing tax incentives for developers, while protecting New York’s existing tenants.

The package offers a substantial new tax break to incentivize the construction of housing, which will include affordable units. In addition, the budget included a requirement for landlords to justify any rent increases above a certain threshold and to offer lease renewals in most cases.

Ms. Hochul also succeeded in shoehorning a number of criminal justice measures into the budget. One will enhance the state’s response to retail theft, adding a State Police unit and levying tougher penalties on people who attack shop workers. A tax credit will be made available to retailers who invest in security measures. The retail theft proposal was a high priority for the governor, but a source of great debate in the Legislature, which eventually relented.

The budget also expands the state’s definition of a hate crime, in response to a number of incidents since the start of the Israel-Hamas war. Roughly 20 additional offenses can now be prosecuted as hate crimes.

Ms. Hochul’s artificial intelligence research center, known as the Empire A.I. project, which establishes a statewide consortium based in Buffalo to conduct research into artificial intelligence, also won funding in the budget.

Did the far left get what it wanted?

Not really.

The housing deal drew criticism from both sides of the debate, including tenants who decried the protections as not strong enough for the current market. The far left had fought for a measure known as “good cause eviction,” which was intended to greatly limit annual rent hikes and aggressively restrict the reasons for which landlords could evict tenants. It passed in the final budget, but in a largely diluted form.

There were a number of exemptions from good cause, including luxury buildings and landlords with 10 units or fewer. Outside New York City, localities may opt in to good cause instead of being required to do so. Housing Justice for All, a tenants’ rights group, estimated that the governor’s version of good cause excluded at least 2.8 million tenants , many of whom live upstate.

Lawmakers were also frustrated that so-called individual apartment improvements were included in the budget — a rent stabilization loophole that allows landlords to increase rent if they add an upgrade or service to an apartment. This budget raises the cap on rent increases that landlords can charge to recoup repair costs.

Progressive lawmakers managed to persuade their colleagues in the Assembly and the Senate to support raising personal income taxes by half a percent for those who earn over $5 million until 2027. They said that such a move would increase revenue by nearly a billion dollars per year. But the governor was clear in her opposition, calling the issue “a nonstarter for me.”

The proposal died, as did another Legislature-supported bill to increase the state’s corporate tax.

What else didn’t make the cut?

Climate activists were disappointed that the budget was not used to address the environmental crisis.

The New York Home Energy Affordable Transition Act would have curbed the expansion of gas infrastructure by not automatically providing gas to all new customers who request it. The measure encouraged utilities and new customers to explore other energy options.

The Climate Change Superfund Act would have required companies that contributed to the buildup of greenhouse gases to contribute to the cost of infrastructure upgrades so that the state could adapt to the various challenges brought on by climate change. Neither it nor the NY HEAT Act was included in the budget.

One of the governor’s key initiatives, outlined in her State of the State address, was also excluded from the budget: the SAFE (Stop Addictive Feeds Exploitation) for Kids Act, designed to limit children’s exposure to addictive social media feeds and protect children’s mental health. Ms. Hochul, who had included the measure in her executive budget, said that the Legislature was broadly supportive and would return to the issue in the final months of the session.

How did New York City do?

The two-year extension of mayoral control over the city’s schools was not the only budget win for New York City.

The state put aside $2.4 billion to help manage the ongoing migrant crisis, money that will go toward the city’s strained shelter system, legal services and health care. The allocation still falls short of Mayor Adams’s initial request for $4.6 billion to cover the city’s costs.

And after failing to advance for a full decade, this year’s budget will allow New York City to lower its speed limit to 20 miles per hour. The measure is named Sammy’s Law, after Samuel Cohen Eckstein, a 12-year-old boy who was struck by a speeding van on his Brooklyn street and died in 2013. In the decade since, his parents have pushed tirelessly to make the streets safer for children .

What’s a budget without cannabis?

Nearly since the moment New York legalized cannabis in 2021, the state has struggled to stifle the growth of the illicit market. Under this year’s budget, key changes were instituted to the way cannabis is taxed and regulated, in an effort to crack down on the city’s illegal weed shops.

The state will add more consequences for shop owners and landlords facilitating the sale of untaxed cannabis and give local governments new tools to shutter such businesses.

“All we have to do is verify that you’re selling products not tested or labeled in accordance with our laws,” Ms. Hochul announced, clutching a padlock beside Mr. Adams at a news conference on Friday. “Once we do that, the padlock goes on immediately.”

The budget also includes a small but meaningful change to the way cannabis is taxed: Going forward, the complicated potency tax on cannabis will be replaced with a flat tax of 9 percent.

Mihir Zaveri and Grace Ashford contributed reporting.

Claire Fahy reports on New York City and the surrounding area for The Times. She can be reached at [email protected]. More about Claire Fahy

Politics in the New York Region

A a $237 Billion Budget: The budget includes $2.4 billion to address the ongoing migrant crisis and hundreds of millions of dollars to bolster distressed hospitals, including Brooklyn’s SUNY Downstate, which had been slated for closure.

Concessions From N.Y. Lawmakers: Gov. Kathy Hochul used the budget to wedge in contentious issues like extending Mayor Eric Adams’s control over New York City schools.

A Push to Legalize “Shrooms”: A lobbying effort led in part by religious groups has state lawmakers considering two different measures that would legalize psilocybi n, a drug known as “magic mushrooms.”

Victims of Violent Crime: “Trauma recovery centers” are favored by law-and-order officials and progressive activists alike for one big reason: they work . But to stay open in New York, they need more funding.

Major Crimes Are Down: Homicides, rapes and shootings in New York City have decreased, but the number of assaults has remained stubbornly high.

Holding Police Accountable: Civilian oversight boards face resistance across the country from those they are supposed to monitor. A New York case underscores the tension.

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Investments Include Protecting Key Education and Child Care Programs, Doubling Down on Public Safety Measures to Continue Crime Reductions, Supporting Thousands of Cultural Institutions, and Putting Money in Pockets of Working-Class New Yorkers

Mayor Adams Releases Executive Budget For Fiscal Year 2025, Making Significant, Sustainable Investments In New Yorkers Following Strong Fiscal Management

April 24, 2024

Watch the video here at https://www.youtube.com/watch?v=zN2R0USaWBU&t=3s

Administration’s Proactive Fiscal Management Combined with Stronger Than Anticipated Economic Performance Helped Stabilize City’s Financial Outlook

Mayor Adams Continues to Make Investments That Prioritize Public Safety, Economic Opportunity, Quality of Life Initiatives

NEW YORK – New York City Mayor Eric Adams today released the City of New York’s balanced $111.6 billion Fiscal Year (FY) 2025 Executive Budget . Mayor Adams' budget builds on the administration’s actions, since last fall, to stabilize the city’s fiscal outlook, and has positioned the city to backfill long-term programs that had only been funded with temporary stimulus funds while making the investments that double down on the city’s efforts to strengthen public safety, rebuild the economy, and make the city more livable. These investments will specifically add more police officers to city streets and subways, protect educational programs with city and recurring state funds and increase access to early childhood education, provide support for thousands of cultural institutions, and boost programs that improve the quality of life for working-class New Yorkers. By virtue of Mayor Adams’ strong fiscal management and better-than-expected revenue, the Adams administration balanced the budget, stabilized the city’s fiscal position and outlook, and prevented major service cuts, tax hikes, or layoffs.

FY24 and FY25 remain balanced, with outyear gaps of $5.5 billion, $5.5 billion, and $5.7 billion in Fiscal Years 2026 through 2028, respectively. Growth of $2.2 billion in FY25 over the Preliminary Budget is driven by stronger than expected economic activity in FY24 and an improved outlook in FY25.

“When we came into office two years ago, during the height of another wave of the COVID-19 pandemic, we were determined to protect public safety, rebuild our economy, and make our city more livable for working-class New Yorkers,” said Mayor Adams. “We have made great strides in these commitments, and today, crime is down, jobs are up, our streets are cleaners, we’re taking on major quality of life issues, and we have financed the most newly constructed affordable housing in a single year in our city’s history. Thanks to our strong fiscal management, we are able to invest in the things that matter to New Yorkers in this Fiscal Year 2025 Executive Budget, including public safety, early childhood education, and the needs of working-class people. As New York City moves toward the future, our core values will continue to guide us as we continue to build a safer, more equitable, and more prosperous city for all New Yorkers.”

Proactive Fiscal Management

On the heels of the pandemic, New York City had to confront substantial challenges, filling holes left where long-term programs were funded with temporary stimulus dollars, and the costs of funding fair labor deals that went years unresolved with city employees. While there are still reasons to remain cautious — like slowing revenue growth in coming fiscal years — by making smart decisions in the November and January plans — like monitoring spending and trimming agency and asylum seeker budgets — as well as better-than-expected revenue, the administration has balanced the budget and steadied the city’s fiscal position.

Strong and decisive action led to achieving a record level of gap-closing savings, and due to better-than-expected economic growth, the administration was able to cancel the previously announced Executive Budget Program to Eliminate the Gap (PEG). As good stewards of taxpayer dollars, the administration still achieved $41 million in agency expense savings, over FY24 and FY25, driven by underspending, where agencies spent less than expected to fund a program or service. This has no impact on service delivery.

Additionally, because continuing to fund the needs of the asylum seeker humanitarian crisis without any limits was not sustainable, Mayor Adams committed to PEG the city’s asylum seeker spending over FY24 and FY25 by a total of approximately 30 percent between the Preliminary and Executive Budgets. As a result of the administration’s policies — including providing 30 to 60 days of housing, legal support, intensified case management, and reducing per diem household costs — more than 65 percent of the asylum seekers who have come through the city’s intake centers have left the city’s care and taken the next steps in their journeys. The administration has successfully cut migrant costs in the Executive Budget by $586 million over FY24 and FY25. Along with $1.7 billion in migrant costs previously cut in the FY25 Preliminary Budget, this brings the two-year total migrant PEG savings achieved to nearly $2.3 billion.

Total savings — including the asylum seeker PEGs — achieved in FY24 and FY25 over the November, January, and April Financial Plans is now $7.2 billion.

Additionally, tax revenue has been revised up by $619 million in FY24 and $1.7 billion in FY25 compared with the Preliminary Budget due to better than anticipated economic performance in 2023 and an improved economic outlook in 2024. These additional revenues were used to help remain balanced in FY24 and FY25. However, tax revenue growth is expected to cool in upcoming fiscal years as the local economy slows, bolstering the fact that the city cannot rely exclusively on revenue growth to resolve fiscal challenges.

Maintaining budget reserves as a hedge against the unexpected is a critical part of the administration’s strong financial management strategy. The FY25 Executive Budget maintains a near-record level $8.2 billion in reserves, including $1.2 billion in the General Reserve, $4.8 billion in the Retiree Health Benefits Trust Fund, $250 million in the Capital Stabilization Reserve, and $1.96 billion in the Rainy-Day Fund.

FY25 Priorities

The FY25 Executive Budget enhances safety and doubles down on the Adams administration’s efforts to continue to bring down crime by adding two more police classes this year and putting 1,200 additional police officers on the streets by adding July and October New York City Police Department (NYPD) classes. Now, all police academy classes will be fully funded in 2024. This adds 2,400 new police officers to city streets in the coming year and puts New York City on the path to having a total of 35,000 uniformed officers protecting New Yorkers in the coming years.

The Adams administration’s strong fiscal management, combined with a stronger than anticipated economic performance in 2023, helped put the city in a position to fund a number of stimulus-funded long-term programs that could be backfilled with city and state dollars. In the FY25 Executive Budget, Mayor Adams uses $514 million in city and recurring state funds to support key education programs that had been funded with expiring stimulus dollars, including mental health care, career readiness, and literacy programs for New York City public school students.

Additionally, the administration is making multiple investments in New York City’s cultural sector by allocating more than $22 million over the next three fiscal years to the New York City Department of Cultural Affairs . These investments will support over 1,000 cultural organizations, which make up the heart and soul of New York City and are the cornerstone of its economic rebound.

More specifically, some highlighted investments of the FY25 Executive Budget include:

Keeping New Yorkers Safe

Doubling down on decreases in homicides and shootings by adding 1,200 more police recruits between the July and October NYPD classes, putting New York City on a path to have 35,000 uniformed officers in the coming years ($62.4 million, FY25).
Funding for the Job Connections initiative, which will connect 500 young New Yorkers at risk of gun violence with career readiness and green job placement programs ($16.9 million, FY25).
Expanding the Crisis Management System to support additional Cure Violence coverage areas and additional mental health services in gun violence safety precincts ($8.6 million, FY25).
Supporting the Neighborhood Safety Alliance , which fosters collaboration between communities, actors, law enforcement agencies, and city services to reduce gun violence in six additional precincts ($2.5 million, FY25).

Securing a Better Future for New York City Children

Supporting citywide 3-K expansion as it transitions from its original stimulus funding source ($92 million, FY25).
Supporting nearly 500 social workers and psychologists who provide mental health supports in schools ($74 million, FY25)*.
Maintaining funding for special education Pre-K providers to increase service hours, and resources for DOE-related services and evaluation teams ($56 million, FY25)*.
Investing in pathways programs that facilitate career pathways programs in high schools — offering apprenticeships, career-readiness, and access to college credits ($53 million, FY25)*.
Arts funding programming ($41 million, FY25).
Literacy and dyslexia programs and academic assessments for both English language arts, and math ($17 million, FY25)*.
Funding for coordinators for students in temporary housing in schools and shelters ($17 million, FY25)*.
Bilingual education funding for curriculum and assessment, teacher preparation and staffing, professional learning, and multilingual family and community engagement for 100 bilingual programs ($10 million, FY25)*.
Increasing the availability of in-school early childhood education classes and services for students with special needs ($25 million, FY25).
Maximizing enrollment in early childhood education programming and helping parents connect with Pre-K and 3-K seats with an extensive media outreach and marketing campaign ($3.5 million, FY25).

* Indicates funded with recurring state resources.

Investing in Cherished Cultural Institutions

Allocating funding for the Cultural Institutions Group, 34 cultural nonprofits operated on city-owned property ($5.4 million, FY25).
Investing in the Cultural Development Fund, which supports over 1,000 cultural nonprofits across the city ($2.2 million, FY25).

Putting More Money in the Pockets of Working-Class New Yorkers

Investing in stable housing for the most vulnerable New Yorkers by funding the City Family Homelessness and Eviction Prevention Supplement programs in the baseline ($615 million, FY25).
Wiping out $2 billion in medical debt for qualified low-income and severely debt-burdened New Yorkers through RIP Medical Debt, which buys debt at a steep discount and forgives repayment. This is the largest municipal medical debt program of its kind in the country ($6 million, FY25).
Ensuring eligible New Yorkers learn about supportive city programs that are available to them and make accessing the resources easy and efficient via the NYC Benefits Access Initiative ($4.6 million, FY25).
Helping unemployed New Yorkers connect with job opportunities and career support across the city’s public workforce through the Jobs NYC Employment Sprint system with a talent portal and by bringing hiring halls to communities experiencing high unemployment ($1 million, FY25).
Accelerating Minority and Women-Owned Business Enterprises (M/WBE) and community hiring by implementing tools to track the implementation of community hiring legislation and the new city-wide M/WBE program ($5.5 million, FY25).
Helping low-to moderate-income communities by funding grants to create and support new Small Business Improvement Districts and merchant associations ($5.3 million, FY25).  
Establishing the NYC Future Fund that will make loans to Black, indigenous, and people of color-owned businesses with a focus on early-stage businesses ($2 million, FY25).

Climate Budgeting

Mayor Adams is taking a critical step towards making the city cleaner and greener over generations to come in his FY25 Executive Budget. New York City is the first big city in America, and among a small elite group of cities internationally, to implement climate budgeting, a system that integrates climate targets and considerations into the budget process to help achieve the city's goals of net-zero greenhouse gas emissions and resiliency to climate threats. Critically, climate impact will now be one of the many factors that will be balanced when allocating the city’s limited resources to ensure resources are aligned with sustainability and resiliency needs. And — for the first time and moving forward — the Executive Budget will also include a Climate Budgeting publication that will include an analysis of the city's new and ongoing climate investments and progress toward emissions goals.

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[email protected] (212) 788-2958

Here's how much money it takes to be 'rich' in NY, NJ, CT for 2024

How much does it cost to live the american dream.

Lynette Khalfani Cox, CEO of the Money Coach shares how the high cost of living is impacting families in the US.

NEW YORK - What does it mean to be considered "rich"?

The definition of "rich" can vary dramatically depending on where you live. Cost of living, tax structures and local economies all play a role in how much income is needed to be considered wealthy.

JUMP TO: NEW JERSEY l CONNECTICUT l NEW YORK

A recent study by GOBankingRates , a platform focused on personal finance, examined the income thresholds required to be considered wealthy in every state.

Here's what it takes to be considered middle class in NYC

A new study from the personal finance website SmartAsset took a look at what it takes financially to be considered middle class in 2024 in NY, NJ and CT, as well as NYC.

"To get an idea of what it looks like to be rich in America, GOBankingRates used IRS data to conduct a study of the top incomes as they break down by state," the website said. "It lays out what income level is needed to place you in the top 20% and the top 5% of incomes within your state."

1. New Jersey

The minimum you need to make to be in the top 20%: $180,558
Average adjusted gross income of the top 20%: $319,140
The minimum you need to make to be in the top 5%: $562,886

5. Connecticut

The minimum you need to make to be in the top 20%: $169,183
Average adjusted gross income of the top 20%: $319,533
The minimum you need to make to be in the top 5%: $602,707

9. New York

The minimum you need to make to be in the top 20%: $158,336
Average adjusted gross income of the top 20%: $302,676
The minimum you need to make to be in the top 5%: $574,063

How much money you need to 'live comfortably' in NYC

New Yorkers need to make $63,000 more than residents in Houston, Texas, if they want to live "comfortably," according to a new study.

The highs and lows of wealth in America

New Jersey stands out with the highest threshold for the top 20% of earners. An individual in New Jersey must make at least $180,558 annually to be considered in this upper tier. This reflects the state's high cost of living and affluent communities, particularly those near New York City.

On the other end of the spectrum, Mississippi requires the least income to be among the top 20%, with $101,447 needed annually. Mississippi's lower cost of living and economic structure contribute to a lower threshold for being considered rich than other states.

So what's the cutoff for being considered wealthy?

According to the personal finance site SmartAsset, the definition of wealth can vary widely. For example, individuals with $1 million in liquid assets are generally classified as having a high net worth. To be considered very high net worth, one might need assets ranging from $5 million to $10 million, while an ultra-high net worth status could require $30 million or more. These figures underscore the subjective nature of financial classifications across different thresholds of wealth.

RELATED: How much New York's minimum wage will increase on Jan. 1, 2024
RELATED: How much New Jersey's minimum wage will increase on Jan. 1, 2024
RELATED: How much Connecticut's minimum wage will increase on Jan. 1, 2024

The amount you need to earn to be considered wealthy also varies depending on the metrics used. According to IRS standards, a monthly income of approximately $45,000 qualifies someone as wealthy. However, if you're aiming for the top 1% as measured by the Economic Policy Institute (EPI), you'd need to earn about $68,277 monthly.

According to data from the Census Bureau, the median household income in the U.S. is approximately $71,000. To reach the top 20% of earners, an individual would need to earn nearly double this amount, averaging around $130,545 per year.

The threshold for being in the top 5% of earners highlights even more stark contrasts. For example, in Connecticut, you'd need to make $602,707 to be in this elite group, the highest among all states. This is due to Connecticut's concentration of high-income jobs and proximity to New York's financial industries.

Moreover, how one is considered wealthy can vary significantly from state to state, reflecting the diverse economic landscapes and cost of living. For instance, while an income of around $101,447 places you in the top 20% in Mississippi, you would need almost $180,558 to achieve the same status in New Jersey. These disparities illustrate that the financial benchmark for wealth is deeply influenced by regional economic conditions.

To see the full list, click HERE .

Austin Williams, with the FOX Digital Team, helped contribute to this report.

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Jones has no guaranteed money left in his contract after this year.

Giants Rightly Passed on a QB in the 2024 NFL Draft

Deciding to be patient and sticking with Daniel Jones, while also winning more games in the interim, will get New York back on track.

Author: Conor Orr

NFL head coaches and, to a lesser extent, general managers are beholden to a constantly optimized set of expectations. It’s not enough to simply secure the quarterback of the future, but to have, like the Kansas City Chiefs, San Francisco 49ers, Chicago Bears and Houston Texans, a roster pre-baked so to speak and ready to compete by the time the quarterback arrives. Thanks to both GMs Joe Douglas and Nick Caserio in back-to-back years drafting both the offensive and defensive rookies of the year, the idea that a team’s fortunes could change dramatically over the course of two drafts and that a rookie belongs in the playoff conversation are more prevalent than ever.

The word “rebuild” will almost certainly be removed from the lexicon.

It’s in this world that the New York Giants exist and, as we digest the happenings of the 2024 NFL draft, we should commend them for sitting tight and building their roster around whomever wins the QB1 job long term. I don’t want to speak for GM Joe Schoen but I think the math on this one was pretty simple:

Brian Daboll + J.J. McCarthy/Michael Penix/Bo Nix = X
Brian Daboll + A Geno Smith-style-Drew Lock Gamble/Daniel Jones+Malik Nabers+The continued freedom to move on from Jones with another veteran in 2025 free agency, or to move up in the ’25 draft with fewer teams looking at quarterbacks and a better roster = 2X.

Living in the greater New York area, the failure for most people acknowledging that Daboll is the best coach the team has had since Tom Coughlin (and it’s not even remotely close), in addition to the fact that he is the best individual mentor of the quarterback position the team has had since Mike Sullivan or Kevin Gilbride, is fairly stunning. While he took a back seat to the Tommy DeVito-hype train, he was almost certainly the stabilizing force behind it. Nevermind that he coached well enough in his debut season to earn Jones a contract (four years, $160 million) that ownership was all too eager to dole out given their personal affections for the quarterback.

Daboll’s interest in Drake Maye was, as colleague Albert Breer noted, part of the reason why the New England Patriots were so eager to hold onto the pick and draft Maye in the first place.

So we have in front of us the confines in which the Giants’ coaching staff and GM must perform (steady improvement combined with the ultimate securing of the franchise quarterback) against the backdrop of a draft offering the Giants a chance to select Jones’s replacement, or make their current space more hospitable once the savior finally arrives.

I don’t think it's controversial to predict that, even if Jones isn’t healthy, the Giants would be infinitely more successful and with a higher immediate upside with a 27-year-old Drew Lock than a rookie quarterback Daboll was not overly confident.

We’re learning just now, after one offseason where Baker Mayfield signed a hefty extension and two seasons after Smith signed a “long-term” deal that quarterbacks can continue to ascend into their early thirties and that they may have simply gone a long period of time without coming into contact with a coach talented enough to utilize their skill set. Look at Smith’s past before he arrived here. Lock, who was stuffed into a similarly hopeless Broncos roster now three head coaches removed, may also have untapped talent akin to that of Smith or Mayfield.

Now, in 2024, Daboll and Schoen have the ability to compete without the added headaches of a rookie pinballing around in the pocket, someone their tenure is ultimately beholden to and whose potential failure would inevitably cause them to get fired. The Giants’ offensive line will look better and develop sooner with a quarterback who is more likely to get rid of the ball sooner. Their defense is not going to be forced to be as heroic, and may actually get to play with a lead at times.

Forcing themselves to fall in love with a quarterback led them to this position. And, remember, no team at the top of the 2021 draft, where three signal-callers were taken with the top three picks, is particularly thrilled with how that exercise went. This year, there wasn’t even an option to get into the top three, if you believe the narrative that New England firmed up its decision more than a month ago but kept up the appearance of an interested seller in the meantime. Deciding to be patient, while also winning more games in the interim, will get them out. The space between will be more palatable, and the Giants will be one step closer to waking up one day not wondering who their quarterback will be over the next four years.

Coaches and GMs don’t really have time to do this the old-fashioned way—suck, pinball around, pray the quarterback develops and doesn’t acquire a boatload of bad habits—so it should provide some degree of comfort that the Giants are following in some solid footprints.

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11 states with guaranteed basic-income programs that give residents hundreds of dollars a month, no strings attached

Guaranteed basic-income programs can help low-income participants afford necessities like rent.
BI found over 50 municipalities that have tried GBI, offering cash for housing and groceries.
Despite legislative opposition, basic-income programs remain active across the country.

Ingrid Sullivan, 48, used her cash from the San Antonio guaranteed basic-income program to rent a home where her grandchildren can play in the yard. And Monique Gonzalez , 41, moved herself and her family out of a San Antonio motel.

A Denver resident, Jarun Laws , 51, used his basic income to pay his rent and buy food.

"My life was always just a couple hundred dollars short," Sullivan told Business Insider. "For the first time, I can breathe."

Guaranteed basic income has become an increasingly popular poverty-solution strategy in US cities. Over 50 municipalities have tried the GBI model since 2019, offering low-income participants between $100 and $1,000 a month, no strings attached, for a set time period.

What makes basic income different from traditional social services is the element of choice. Participants told BI they spent the money where they needed it most: on housing , groceries , transportation, and debt repayment.

Typically, participants fall below the federal poverty line. However, some programs have also focused on specific populations such as new and expecting mothers, households with children, or people experiencing homelessness.

Basic-income pilots have been completed in cities and counties in Arizona, Alabama, Virginia , Rhode Island, Pennsylvania, New Jersey, Mississippi , Louisiana, Indiana, Florida, North Carolina , South Carolina, Washington , and Washington, DC.

GBI continues to face legislative opposition from Republican lawmakers who have called the programs "socialist" and say they discourage low-income people from entering the workforce.

For example, Iowa passed a ban on GBI in April, and the Arizona House of Representatives voted to ban basic income in February. On April 23, the Texas Supreme Court placed a temporary block on a Houston-area program that the attorney general called "unconstitutional."

Despite these political challenges, basic-income programs continue to be active across the country. Here's a breakdown of states, listed in alphabetical order, where cash payments are offered to low-income residents.

Location: Los Angeles Program name: Breathe Duration: June 2022 - August 2025 Income amount: $1,000 every month for three years Number of participants: 1,000 low-income households

Location: Long Beach Program name: Long Beach Pledge Duration: spring 2024 - spring 2025 Income amount: $500 a month for 12 months Number of participants: 200 low-income households with children

Location: Mountain View Program name: Elevate MV Duration: December 2022 - December 2024 Income amount: $500 a month for 24 months Number of participants: 166 low-income parents

Location: Sonoma County Program name: Pathway to Income Equity Duration: January 2023 - January 2025 Income amount: $500 a month for 24 months Number of participants: 305 low-income families

Previous basic income pilots have been run in San Francisco , Compton, Oakland, Santa Clara, San Diego, Stockton, and Marin County.

Location: Denver Program name: The Denver Basic Income Project Duration: November 2022 - July 2024 Income amount: Participants were divided into three groups: One receives $1,000 a month for a year; another receives $6,500 up front and then $500 a month from there; and another gets $50 a month. Number of participants: 800 unhoused and low-income households

Location: Atlanta, southwest Georgia, and the City of College Park Program name: The Georgia Resilience and Opportunity Fund Duration: fall 2022 - fall 2024 Income amount: Average payments of $850 a month over 24 months Number of participants: 650 low-income Black women

Location: Cook County Program name: The Cook County Promise Duration: December 2022 - December 2024 Income amount: $500 a month for 24 months Number of participants: 3,250 low- to moderate-income families

Location: Evanston Program name: Guaranteed Income Program Duration: First round ran December 2022 - December 2023, second round begins summer 2024 Income amount: $500 a month for one year Number of participants: 150 low-income families

Chicago previously ran the Chicago Resilient Communities Pilot , providing basic income for 5,000 residents.

Massachusetts

Location: Somerville Program name: The Somerville Guaranteed Basic Income Program Duration: July 2024 - July 2025 Income amount: $750 a month for 12 months Number of participants: 200 low-income families

Basic-income programs were previously run in Boston , Chelsea, and Cambridge.

Location: Baltimore Program name: The Baltimore Young Families Success Fund Duration: August 2022 - July 2024 Income amount: $1,000 a month for 24 months Number of participants: 200 young parents

Location: Ann Arbor Program name: Guaranteed Income to Grow Ann Arbor Duration: January 2024 - December 2025 Income amount: $528 a month for 24 months Number of participants: 100 low-income entrepreneurs

Location: Flint Program name: Rx Kids Duration: January 2024 - spring 2025 Income amount: $1,500 lump sum, then $500 monthly payments during the first year of a baby's life Number of participants: 1,200 new and expectant mothers

Location: Minneapolis Program name: Minneapolis Guaranteed Basic Income Pilot Duration: June 2022 – June 2024 Income amount: $500 a month for two years Number of participants: 200 low-income households

A program in St. Paul began in 2020 and provided basic income to families for 18 months.

Location: Santa Fe Program name: The City of Santa Fe Learn, Earn, Achieve Program Duration: Initially ran October 2021 - September 2022, extended through the 2023-2024 academic year. Income amount: $400 a month for 12 months Number of participants: 98 young, low-income parents enrolled in a certificate or degree program at the Santa Fe Community College

Location: New York City, Rochester, and Buffalo Program name: The Bridge Project Duration: June 2021 - ongoing Income amount: Up to $1,000 a month for three years Number of participants: 1,200 low-income mothers

Location: Hudson Program name: HudsonUP Duration: Five years, with staggered cohorts launched in fall 2020, 2021, and 2023 Income amount: $500 a month for 5 years Number of participants: 128 households

A 17-month program in Ulster County that provided basic income to 100 households ended in September 2022, and another program in Ithaca gave a full year of cash payments to unpaid caregivers through May 2023.

Location: San Antonio Program name: UpTogether San Antonio Duration: Summer 2023 - December 2024 Income amount: $500 a month for 18 months Number of participants: 25 low-income families

Location: Harris County Program name: Uplift Harris Duration: Initially scheduled to begin in April 2024, but delayed because of the Texas Supreme Court ruling Income amount: $500 a month for 18 months Number of participants: 1,928 low-income households

An earlier San Antonio program offered $5,108 to 1,000 families over a 25-month period that began in December 2020. The Austin Guaranteed Income Pilot also gave participants $1,000 a month ending in May 2023.

Have you benefited from a guaranteed basic-income program? Are you open to sharing how you spent the money? Reach out to this reporter at [email protected] .

Correction: April 29, 2024 — An earlier version of this story incorrectly stated the end date of the Guaranteed Income to Grow Ann Arbor program.

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What happens now that Harvey Weinstein's conviction was overturned in New York

Image: Harvey Weinstein arrives at the Manhattan Criminal Court in New York

Harvey Weinstein 's 2020 rape conviction was overturned Thursday by the New York Court of Appeals and many are wondering what happens next.

Weinstein has been serving a 23-year prison sentence in New York's Mohawk Correctional Facility following his conviction on charges of criminal sex act for forcibly performing oral sex on a TV and film production assistant in 2006 and third-degree rape for an attack on an aspiring actor in 2013.

Where things stand now

In an interview with NBC News on Thursday following the New York Court of Appeal's decision, Weinstein's longtime spokesperson, Juda Engelmayer, said that their first order of priority is to seek medical care for the 73-year-old.

"We’re going to try to bring him for medical care here in Bellevue [Hospital] down here first," he said. "[Weinstein] is still in a walker, still in a wheelchair ... he has audio issues, he has heart issues. Harvey has a lot of health mountains and hurdles to climb but hopefully this cheers up his mood better and helps him fight them better."

While he awaits a new trial in New York, Engelmayer said there is a chance Weinstein may be extradited to California where he faces a 16-year prison sentence after being convicted of rape and sexual assault in a separate trial in 2022.

"We don’t know exactly what the process is but we expect within 24 to 48 hours the Los Angeles courts or Los Angeles prosecutor will file an extradition charge to bring him in there," he said.

How we got here

The state Court of Appeals found that the judge in the landmark #MeToo trial prejudiced Weinstein, the former film mogul, with improper rulings, including a decision to let women testify about allegations that weren’t part of the case.

“We conclude that the trial court erroneously admitted testimony of uncharged, alleged prior sexual acts against persons other than the complainants of the underlying crimes because that testimony served no material non-propensity purpose,” the court said in a 4-3 decision.

“The court compounded that error when it ruled that defendant, who had no criminal history, could be cross examined about those allegations as well as numerous allegations of misconduct that portrayed defendant in a highly prejudicial light,” it said.

New York Court of Appeals Judge Jenny Rivera called the errors “egregious” and said the remedy is a new trial. Weinstein’s accusers could again be called to testify if prosecutors decide to pursue another trial.

Judge Anthony Cannataro, one of the judges who voted against this decision, said in his dissenting opinion that this was an “unfortunate step backwards.”

Attorney Lindsay Goldbrum, who represented six Weinstein accusers, called the decision a “leap backward for the rule of law” that could deter future sexual assault victims from coming forward.

“To all victims of sexual assault who are retraumatized by today’s ruling, I am so sorry,” said Goldbrum, whose clients included model Tarale Wulff, who testified that Weinstein raped her at his Manhattan apartment in 2005 after having lured her there with talk of a movie audition.

Will there be another trial?

Manhattan District Attorney Alvin Bragg said in a statement following the court's decision that he plans to retry the case, “We will do everything in our power to retry this case and remain steadfast in our commitment to survivors of sexual assault.”

During a news conference Thursday afternoon in downtown Manhattan, Weinstein’s attorney Arthur Aidala said, “His case will be restarted like it just started from the beginning, and he will be transported to a facility down here yet to be determined.”

A hearing is expected to be scheduled as early as next week with a new potential trial date set, according to Engelmayer.

NBC News legal analyst Danny Cevallos said in an interview with NBC News on Friday that, if Weinstein is indeed retried, it won't take as long as his previous trial.

“Depending on the court's dockets, retrials don’t take all that long, they won’t give them a whole new discovery period," he said.

Engelmayer and Aidala have both said that if the case is retried, Weinstein will testify.

Weinstein's California conviction

Weinstein's legal team is currently appealing his California criminal conviction and one of his lawyers on that case, Jennifer Bonjean, said that she believes the decision to overturn Weinstein's New York charges bodes well for their appeal.

"A jury was told in California that he was convicted in another state for rape. Turns out he shouldn’t have been convicted, and it wasn’t a fair conviction," she said in a statement. "It interfered with his presumption of innocence in a significant way in California."

The Los Angeles County District Attorney’s Office said in a statement that the legal issues identified by the New York appeals court “are not present in the Los Angeles County case” because California law does allow for evidence that speaks to a defendant’s character in sexual assault cases, “subject to the judge’s discretion.”

But Engelmayer remained hopeful about their changes for an appeal in Los Angeles.

"We have an even better case [in California] ... He was charged on one alleged victim for someone that we know was not in the room at the same time they claimed Harvey was. We know where she was. We know where Harvey was at the time ... we have the evidence," Engelmayer said.

Adding, "I believe one day he will walk free. He might hobble on his walker, he might be in a wheelchair, but he will be free."

Chloe Melas is an entertainment correspondent for NBC News.

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25 Compelling New York Tourism Statistics (2022)
Where do New York City tourists spend the most money?
Tourism Impact in the Adirondacks
New York City Visitor Statistics and Tourism Figures 2022
The Tourism Industry in New York City
The Tourism Industry in New York City

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COMMENTS

Annual Report 2023-24
Welcome to our 2023 Annual Report. The story of New York City tourism is one of resilience and tenacity. This report is a record of the creative energy, relentless determination and innovative collaborations that are, once again, returning the tourism and convention industry to reliable growth in visitation, spending, jobs and economic impact.
The Tourism Industry in New York City
Since 1991, the number of visitors to the City has nearly tripled, with almost half the growth occurring in the last 10 years (2009 to 2019). New York City's consistent ranking as a top 10 destination city globally and actions facilitating and promoting tourism have helped support this growth. 1 Total visitor spending in the City was $47.4 billion and accounted for 64.4 percent of the State ...
PDF ECONOMIC IMPACT OF VISITORS IN NEW YORK
Tourism in New York generated $12.6 billion in tax revenues in 2020, with $5.9 billion accruing to state and local governments. ... to people whose jobs are located in New York. Personal income impacts by industry Summary personal income impacts ($ billions) Source: Tourism Economics Direct Indirect Induced Total
PDF ECONOMIC IMPACT OF VISITORS IN NEW YORK
Personal income associated with direct tourism employment increased 4.2% in 2019. In terms of personal income, tourism outpaced the general economy. Fiscal Contributions Tourism in New York generated $19.3 billion in tax revenues in 2019, with $9.1 billion accruing to state and local governments. Hotel Indicators
Governor Hochul Celebrates Historic Tourism Milestone as More Than 291
A strong tourism season shows New York's resiliency from the pandemic and returned demand for visitors wanting to experience the State's vast attractions." Assemblymember Daniel O'Donnell said, "As the Chair of the Tourism Committee, it brings me immense pride to witness the remarkable success of New York's tourism sector, which in 2022 ...
PDF Economic Impact of Visitors in New York 2022
Visitors to New York spent $79 billion across a range of sectors in 2022. Visitor spending expanded 51% in 2022, recovering to 107% of 2019 levels. Of the $79 billion spent in New York in 2022 by visitors, lodging, including the value of second homes, accounted for $26 billion, 33% of all visitor spending.
PDF NYC Travel & Tourism Outlook
In 2021, New York City welcomed 32.9 66.6 63.7 million visitors, up from 22.3 in 2020. Visitation is forecast to grow to 56.7 million in 2022 and reach 63.7 million in 2023. Domestic travel was resilient in 2021 and will exceed pandemic levels by 2023. International visitation experienced the deepest declines from the pandemic. 2022 and is ...
PDF ECONOMIC IMPACT OF VISITORS IN NEW YORK 2021
Visitor spending expanded 53.4% in 2021, recovering to 71% of 2019 levels. Of the $52 billion spent in New York in 2021 by visitors, lodging, including the value of second homes, accounted for $16.4 billion, 32% of the average visitor dollar. Spending on food and beverages resulted in $13.9 billion. Retail, including spending at service ...
The Pivotal Impact of New York City's Tourism Economy
New York City's Tourism Economy. October 23, 2019. Good morning. ... Our report also found that tourism has become an increasingly important source of middle-income jobs in New York. As one example, the city is now home to nearly as many hotel jobs, which pay $62,000 per year on average, as jobs in manufacturing, which pay an average of ...
PDF Economic Impact of Visitors in New York
Personal income impacts by industry Tourism generated $17.0 billion in direct income and $28.2 billion when indirect and induced impacts are considered. These wages and benefits are paid to people whose jobs are located in New York. Personal income impacts by industry Summary personal income impacts ($ billions) Source: Tourism Economics
New York City Tourism Industry Hit Hard by Pandemic, Visitor Spending
The COVID-19 pandemic abruptly halted tourism in New York City, one of the world's top tourist and business traveler destinations, during parts of 2020, resulting in a dramatic falloff in the number of visitors and creating a steep drop in economic activity, according to a report released today by New York State Comptroller Thomas P. DiNapoli. ...
PDF Tourism and New York City's Economy
Employment and Earnings:By this measure, tourism's contribution to the area' s economy appears to be modest. The hotel industry—the most relevant sec- tor because it almost exclusively services visitors— employs 1 percent of New York City's workers and accounts for just 0.7 percent of total wage earnings.
PDF Economic Impact of Visitors in New York
Personal income associated with direct tourism employment increased 4.2% in 2019. In terms of personal income, tourism outpaced the general economy. Fiscal Contributions Tourism in New York generated $19.3 billion in tax revenues in 2019, with $9.1 billion accruing to state and local governments. Hotel Indicators
New York City's Tourism Economy
Executive leadership from NYC Tourism and Conventions, the City of New York's official destination marketing organization, updated over 40 foreign reporters on the latest in New York City's $68 billion tourism economy highlighting major infrastructure improvements at the region's airports, the latest in the arts and culture scene, and upcoming major events, including the 2026 FIFA World Cup.
Economic impact of tourism New York 2022
Total economic impact of tourism in New York, United States from 2019 to 2022 (in billion U.S. dollars) [Graph], Empire State Development, September 12, 2023. [Online].
PDF ECONOMIC IMPACT OF VISITORS IN NEW YORK 2021
Visitor activity generated $19.7 billion in direct labor income and a total of $32.2 billion when including indirect and induced impacts. Total tourism-generated income in New York in 2021 rebounded 14% above 2020. Direct Labor Income Indirect Labor Income Induced Labor Income Total Labor Income Total, all industries $19,656 $6,255 $6,299 $32,210
PDF The Economic Impact of Tourism in New York
zOver 780,000 jobs were sustained by tourism activity in 2016 with total income of $34.6 billion. z8.3% (1-in-12) of all New York state employment is sustained by tourism, either directly or indirectly. zNew York State tourism generated $8.2 billion in state and local taxes in 2016, saving each NYS household an average of $1,133 in taxes.
PDF The Economic Impact of Tourism in New York
New York State tourism generated $8.5 billion in state and local taxes in 2017, saving each NYS household an average of $1,172 in taxes. 5 ... Tourism Income (Compensation) (US$ Million, 2017) 16 Traveler-generated income FIRE = Finance, Insurance, and Real Estate 0 1,000 2,000 3,000 4,000 5,000 6,000 7,000
PDF The Economic Impact of Tourism in New York
Travel & tourism is a substantial and growing component of the New York State economy. Direct spending of $71.8 billion generated nearly $115 billion in total business sales including indirect and induced impacts. Total income of $38.2 billion was sustained by tourism activity in 2018.
Governor Hochul Announces Major $450 Million "Bring Back Tourism, Bring
Governor Kathy Hochul today, coinciding with the reopening of international borders, announced a comprehensive $450 million "Bring Back Tourism, Bring Back Jobs" inclusive recovery package to support New York State's hardest-hit tourism sector workers, revitalize the state's tourism industry, and support businesses started just prior to or during the pandemic.
PDF ECONOMIC IMPACT OF VISITORS IN NEW YORK
An IMPLAN input-output model was constructed for the state of New York. The model traces the flow of visitor-related expenditures through the local economy and their effects on employment, wages, and taxes. IMPLAN also quantifies the indirect (supplier) and induced (income) impacts of tourism. Tourism Economics then cross-checked these findings ...
New York Has a $237 Billion Budget. Here Are 5 Things to Know
Gov. Kathy Hochul and New York City emerged as two of the winners from a budget process that blew past the April 1 deadline. By Claire Fahy Reporting from the State Capitol in Albany, N.Y. In the ...
Mayor Adams Releases Executive Budget For Fiscal Year 2025, Making
NEW YORK - New York City Mayor Eric Adams today released the City of New York's balanced $111.6 billion Fiscal Year (FY) 2025 Executive Budget. Mayor Adams' budget builds on the administration's actions, since last fall, to stabilize the city's fiscal outlook, and has positioned the city to backfill long-term programs that had only been ...
Tourism Worker Recovery Fund
In November 2021, Governor Kathy Hochul introduced New York State's Tourism Worker Recovery Fund. This $100 million program will provide one-time stimulus payments of $2,750 to as many as 36,000 workers in select tourism sectors who have been displaced from employment because these sectors and jobs were least likely to have returned following the pandemic.
Here's how much money it takes to be 'rich' in NY, NJ, CT for 2024
This reflects the state's high cost of living and affluent communities, particularly those near New York City. On the other end of the spectrum, Mississippi requires the least income to be among ...
The income a family of 4 needs to live comfortably in every state
In contrast to these states, Mississippi is the least-expensive state to raise a family, requiring only $177,798 per year in annual income. The median for the U.S. as a whole is $213,782.
Giants Rightly Passed on a QB in the 2024 NFL Draft
It's in this world that the New York Giants exist and, as we digest the happenings of the 2024 NFL draft, we should commend them for sitting tight and building their roster around whomever wins ...
Guaranteed Basic Income Programs in 11 States, 50 Cities
Los Angeles. LPETTET/Getty Location: Los Angeles Program name: Breathe Duration: June 2022 - August 2025 Income amount: $1,000 every month for three years Number of participants: 1,000 low-income ...
What happens now that Harvey Weinstein's conviction was overturned in
Harvey Weinstein's 2020 rape conviction was overturned Thursday by the New York Court of Appeals and many are wondering what happens next.. Weinstein has been serving a 23-year prison sentence in ...