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The New York City Recovery Index
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investopedia.comThe latest reading of the New York City Recovery Index out of a possible score of 100.
New York City’s economic recovery index held onto some of its momentum for a second week, as it rose by another point to a score of 76 for the week ended Oct. 2. Falling COVID-19 hospitalization rates, sustained growth in restaurant reservations, and a decline in unemployment claims helped boost the score, while relatively lackluster performance in the city’s home and rental markets dampened gains.
This week, a federal judge upheld the city’s “Key to NYC” program requiring proof of COVID-19 vaccinations for use of indoor dining and entertainment venues. Since the program went into effect back in August, approximately 6,760 businesses have reportedly
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