The Bronx Was Hit Hardest Economically By COVID Pandemic, New Report Says
arrow
A closed Yankees souvenir store in the Bronx in June 2020.
JUSTIN LANE/EPA-EFE/Shutterstock
The Bronx has suffered the greatest economic losses during the pandemic of all the boroughs, according to a new report from state Comptroller Thomas DiNapoli Tuesday.
The pandemic stalled upward trends in population and economic growth over recent years in the Bronx, DiNapoli’s report said, adding the impacts have ranged from the borough having the highest unemployment rate in the city, peaking at 24.6% last May, to inadequate resources for the small businesses that make up the majority of the commercial activity in the borough.