By Greg David
This week, Brian Lehrer of WNYC asked me if the New York City economy could continue to perform so spectacularly given the slow down in growth that is afflicting the national economy. My quick answer was yes. (You can listen to the interview here, which begins with a discussion of Monday’s print column on how Wall Street is betting on Romney).
Indeed, the Federal Reserve Bank of New York just confirmed what other local economists have been saying: New York has regained all the jobs it lost in the recession. The country has a whole has recovered only a little more than half the jobs eliminated in the downturn.
Below is a chart which shows the biggest risk to the city’s economy—the way the dollar has strengthened against the Euro. READ MORE …
About The Staten Island Board of REALTORS® (SIBOR)
The Staten Island Board of REALTORS® (SIBOR) is the largest not-for-profit trade association in Staten Island, N.Y.
SIBOR exists to enhance the ability and opportunity of its members to conduct their business successfully and ethically; and to promote the preservation of the public’s right to own, transfer and use real property.
Comprised of over 1,600 members, SIBOR serves real estate agents, brokers and affiliated professionals throughout the borough and surrounding areas.
SIBOR is the provider of the Staten Island Multiple Listing Service Inc. (SIMLS), which works as a clearinghouse through which more than 250 local real estate firms exchange information on properties they have listed for sale. Together, its members participate in over 3,000 real estate transactions every year.
All SIBOR members belong to the New York State Association of REALTORS® (NYSAR) and the National Association of REALTORS® (NAR).
All SIBOR members belong to the New York State Association of REALTORS® (NYSAR) and the National Association of REALTORS® (NAR).
SIBOR may be reached at 718-928-3220 and viewed online at http://siborrealtors.com. SIBOR may also be visited on Facebook at “Staten Island Living,” on Twitter via @SIBOR, and on YouTube at the Staten Island Board of Realtors and RelevantPR channels.
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