One Year Later: Food Scarcity in New York State During the COVID-19 PandemicView Report The New York State Health Foundation's report on Food Scarcity in New York State During the COVID-19 Pandemic looks at self-reported survey data related to food scarcity in New York State during the coronavirus pandemic. It presents food scarcity rates by race and ethnicity, age, and household income, and compares New York State with neighboring states. Rates are also shown for child food scarcity. It assesses how different groups of New Yorkers are accessing free meals and groceries and from which access points (e.g., school programs, food pantries). Finally, it measures which methods food-scarce New Yorkers are using to meet their household spending needs. Unless otherwise specified, results in this report are among adult New Yorkers.
NYC projected to lose at least 475,000 jobs and $9.7B in tax revenueRead Full Article From POLITICO: NEW YORK — The coronavirus pandemic could plunge New York City into the worst economic crisis since the 1970s, costing the city 475,000 jobs and nearly $10 billion in revenue, a budget watchdog found. According to a new report from the Independent Budget Office, the local economy is expected to lose 475,000 jobs over the next 12 months. That would lead to a shortfall of $9.7 billion in tax revenue in 2020 and 2021, compared to previous projections.
New York will suffer $13.3 billion revenue shortfall from original forecast due to coronavirus, Cuomo saysRead Full Article From CNBC: Gov. Andrew Cuomo said Friday that New York will report a $13.3 billion shortfall in revenue compared with its original forecast — representing a 14% decline in the state’s projected receipts.
The Empire State, which has been hit harder by the coronavirus pandemic than anywhere else in the U.S., currently forecasts $61 billion in total lost revenue between fiscal years 2021 and 2024, Cuomo said.