Center for New York City Affairs

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New York City’s 2025 Economic & Budget Outlook


2025 stands as a pivotal year for New York City. With upcoming municipal elections and federal uncertainty on the horizon, the Center for New York City Affairs (CNYCA) has released a must-read report entitled “Leaning into Local in the Face of Inequality and Uncertainty."

Forthcoming federal decisions could reduce funding for essential services that millions of New Yorkers depend on. This report sheds light on how these changes would affect our day-to-day lives..It also highlights ways local leaders can and should counteract potential harm, reduce income inequality, cut the costs of child care, housing, and other essentials, and secure an equitable and sustainable future for the city.

With data-driven insights and practical strategies, New York City has the chance to lead with progressive policies that inspire change far beyond its borders. Click below to discover how we can move forward, together.