White Paper: NY2X - New York is growing 2x faster than in 2019

NY2X - New York is growing 2x faster than in 2019

In January and February 2021, the five county New York area studied grew by 1,900 people and an estimated $1.2 billion. In January and February 2019, it was -7,100 and +$360 million. That means the population growth trend reversed +9,000 over 2019 and income growth rates were up 233% over 2019.

This defies a trend of nearly -111,000 in population loss in 2020 as COVID took hold. While the gain is small, the underlying data holds strong indications of resilience in the two most urban counties: New York and the Bronx.