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The Construction Industry in New York City: Recent Trends and Impact of COVID-19

Report Details

Submitting OIG: 
New York State Comptroller
Report Description: 
The COVID-19 pandemic brought a halt to the growth of the construction industry nationwide which, prior to the pandemic, had been growing strongly. This was especially true in New York State and New York City. Before 2020, the nation’s construction employment increased for nine consecutive years, though it never met the peak reached before the Great Recession. However, in the State and the City, jobs reached a record high by 2015. Construction employment in the City grew especially robustly, rising by 43.5 percent from 2011 to 2019, the City’s fastest-growing sector during this period.
Date Issued: 
Tuesday, June 1, 2021
Agency Reviewed / Investigated: 
State of New York
Submitting OIG-Specific Report Number: 
03-2021*
Location: 
NY
United States
Type of Report: 
Other
Professional Standard: 
Other
Questioned Costs: 
$0
Funds for Better Use: 
$0
Report File Link: 
https://www.osc.state.ny.us/files/reports/osdc/pdf/report-2-2022.pdf

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