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New York City Is Losing Out On $12 Billion Annually Because Of Remote Work

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New York City businesses are losing revenue with people working remotely. The workers coming into Manhattan are spending $12.4 billion less per year than they were before the pandemic, according to a Bloomberg report citing data from Stanford University economist Nicholas Bloom’s WFH Research team.

New York by the Numbers Monthly Economic and Fiscal Outlook No. 84 – December 12th, 2023 : Office of the New York City Comptroller Brad Lander

Aleksandra Ristovska-Evtimova on LinkedIn: New York City Is Losing Out On $12 Billion Annually Because Of Remote Work

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Remote work is costing Manhattan $12.4 BILLION a year

New York by the Numbers Monthly Economic and Fiscal Outlook No. 70 – October 11th, 2022 : Office of the New York City Comptroller Brad Lander

Forbes en LinkedIn: New York City Is Losing Out On $12 Billion Annually Because Of Remote Work

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