3. Sectors Slowing Down
% Job Growth 2003-2013
-0.6%
-6.3%
-14.7%
Finance and Insurance
Legal Services
Publishing Industries (except Internet)
4. Sectors on the Rise
% Job Growth 2003-2013
19.9%
27.0%
35.2%
41.7%
41.8%
56.2%
84.0%
Health Care & Social Assistance
Retail Trade
Educational Services
Advertising
Motion Picture & Sound Recording
Food Services & Drinking Places
Computer Systems Design
5. Where are the Jobs?
Job Growth, 2003-2013
15,300
19,300
27,900
50,000
72,100
92,400
102,500
Motion Picture & Sound Recording
Advertising
Computer Systems Design
Educational Services
Retail Trade
Food Services & Drinking Places
Health Care & Social Assistance
6. Percent Change in Number of VC Deals, 2003-2013
-17.76%
32.37%
157.89%
New England
Silicon Valley
NY Metro
7. Percentage of All VC Deals in the U.S., 2003 to 2013
5.3%
11.4%
14.8%
10.2%
2003
Q1
2004
Q1
2005
Q1
2006
Q1
2007
Q1
2008
Q1
2009
Q1
2010
Q1
2011
Q1
2012
Q1
2013
Q1
NY Metro Share of U.S. Total New England Share of U.S. Total
11. Booming Boroughs: Share of NYC’s Private Sector
Jobs in the 4 Boroughs Outside of Manhattan
32%
35%
38%
40%
1958 1988 2008 2013
12. New Business Incorporations by Year
1991 – 2011 – New York City
35,218
39,395
41,468
43,142
46,799
48,810
50,877 50,430
53,630 54,574
52,499
58,624
61,478
64,274
66,450 67,078 66,274
63,242
60,502
64,502 65,658
13. NYC: Net Gain of 38.2k Businesses btwn 2000 & 2013
82.1% of new businesses had fewer than 5 employees
82.1%
5.2% 6.1%
2.6% 1.0% 0.7% 1.3% 1.0% 0.0%
0-4 5-9 10-19 20-29 30-39 40-49 50-99 100-499 500+
# of Employees
14. Share of NYC Businesses, by Size of Firm
63.9%
15.9%
9.5%
3.5%
1.9%
1.1%
2.2%
1.7%
0.3%
66.7%
14.3%
8.9%
3.4%
1.8%
1.1%
2.1%
1.6%
0.3%
0-4
5-9
10-19
20-29
30-39
40-49
50-99
100-499
500+
#ofEmployees
Share of All NYC Firms,
2000
