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The State of the City’s Economy and Finances

Date Published:

2020-12-15

Description:

Annual required report on the state of the City's economy and finances After falling at an annualized rate of 5.0 percent in the first quarter, and 31.4 percent in the second quarter, U.S. Gross Domestic Product (GDP) roared back in the third quarter...

Agency:

Comptroller (COMP)

Subject(s):

Budget and Finance

Report Type:

Budget / Finance
Annual State of the City’s Economy and Finances

Date Published:

2021-12-21

Description:

The U.S. economy continued to rebound in the first three quarters of 2021 after the dramatic economic contraction and rebound of 2020, growing at a rate of 5.7 percent. Growth early in the year was boosted by the $1.9 trillion American Rescue Plan Act, passed into law in March.

Agency:

Comptroller (COMP)

Subject(s):

Government, Budget and Finance, and Accounting

Report Type:

Reports - Annual