The economic landscape of New York post-COVID has been marked by resilience and adaptation. Initially, the pandemic caused widespread disruptions, particularly in tourism, retail, and hospitality. However, as restrictions eased, the city witnessed a gradual recovery, bolstered by federal aid and local initiatives. Remote work reshaped office demand, leading to vacancies in commercial real estate, while tech and healthcare sectors experienced growth. Small businesses faced challenges but also found opportunities in digital transformation. Tourism rebounded slowly, supported by increased domestic travel and international arrivals. Despite these signs of recovery, rising inflation and workforce shifts continue to shape the city's economic trajectory.
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