After a Strong 2000, 9/11 Shocked NYC's Economic Growth in Third Quarter 2001

Annualized Percentage Change in Real Gross Product

Year and Quarter US New York City
2000:Q1 2.35 10.90
2000:Q2 5.69 10.74
2000:Q3 1.34 4.70
2000:Q4 1.91 6.89
2001:Q1 1.32 0.88
2001:Q2 0.31 0.14
2001:Q3 -1.33 -15.16
2001:Q4 1.65 0.12

Source: National Income and Product Accounts, Economy.Com.
Note: NYC data are Economy.com's May 2002 estimates for the PMSA, which includes the Bronx, Kings (Brooklyn), Manhattan, Queens, Richmond (Staten Island), Putnam, Rockland and Westchester Counties.