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Film Industry Source of Growth for NYC

Posted By Administration, Friday, August 15, 2014
Updated: Sunday, September 6, 2015

 

  New York City Comptroller Scott Stringer

New York City’s economy grew by a little over 3% from April through June - slower than the nation's growth. But this was a steady enough pace to bring the unemployment rate down, according to a quarterly economic report released by city Comptroller Scott Stringer.

The city's growing film industry, however, showed much more robust growth. Film production grew by 1,000 jobs over-the-month, which accounted for nearly 40% of the monthly gain in the information sector. Year-over-year, motion pictures increased by 3,000, or 5.8%, to stand at 55,100 jobs, the second highest employment level on record for this industry.

For more, follow this link to the Crain's New York article.

Tags:  economic report  film industry  film industry growth  New York City jobs growth 

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