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Recession Index

A numeric summary of our troubled times.


Manhattan Office-Space Vacancy Rate
(according to Property & Portfolio Research)
Q3 2008: 12%
Q3 2009, PROJECTED: 16.8%

Enrollment in Taxi-License-Training Course at CUNY’s La Guardia Community College
2007: 172
2008: 193

Number of Homes Sold in Queens
Q3 2007: 4,998
Q3 2008: 3,240

Number of Price Cuts on Condos Listed for Sale in Manhattan
Q2 2008: 1,281
Q3 2008: 1,308

Typical Day’s Fares for a Pedicab Driver
OCTOBER 2007: $175
OCTOBER 2008: $75

Number of New Homeless Families Entering Shelter System
OCTOBER 2007: 1,143
OCTOBER 2008: 1,393

Number of Trips Across the MTA’s Bridges and Tunnels, in Millions
OCTOBER 2007: 26.2
OCTOBER 2008: 24.9

Visitors to New York Public Library’s Main Branch
OCTOBER 2007: 96,327
OCTOBER 2008: 137,777

Compiled by Lionel Beehner and Mark Byrne

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