Growth
The Bay Area still leads on company formation and valuations, but its tech ecosystem has actually shrunk 3% since 2021. Over the same stretch, NYC’s grew 23%. More here from @technyc and @hraadvisors: technyc.org/2026-ecosystem-report
Jobs
NYC’s tech ecosystem directly employs 452,000 New Yorkers and supports 845,000 jobs in total, 12% of all jobs in the city. It also drives $327B in economic output, nearly a quarter of the city’s economy. More here from @technyc and @hraadvisors: technyc.org/2026-ecosystem-report
Beyond tech companies
Why NYC tech is built to last: 41% of tech jobs here are outside tech companies, in finance, health care, media and beyond. That’s more than double the Bay Area’s share, and it makes our economy far harder to disrupt. More here from @technyc and @hraadvisors: technyc.org/2026-ecosystem-report
Taxes
NYC’s tech ecosystem sends $1.8B a year to the city, more than DOT’s entire budget, plus $2.9B to the state. Tech pays for itself! More here from @technyc and @hraadvisors: technyc.org/2026-ecosystem-report