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City's Economy Is Growing, Comptroller's Report Says

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TWC News: City's Economy Is Growing, Comptroller's Report Says
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A new report from City Comptroller Scott Stringer's office finds that the city's economy is growing.

Stringer says the city's economic growth is on track to top the national growth rate for 2014.

New York City's economy represented 4 percent of the nation's total economic output for the second economic quarter of April, May and June. The national growth rate is just under 2 percent.

Tourism was booming as warmer weather approached, with hotel occupancy at 93 percent.

Broadway attendance and ticket sales rose more than 20 percent.

The report says apartment sales in Manhattan and Brooklyn increased, but sales in Queens fell.

While the city added more than 22,000 jobs from April to June, unemployment stayed flat at 7.9 percent. ClientIP:, UserAgent: CCBot/2.0 ( Profile: TWCSAMLSP