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New York City's economy will continue to grow in coming years, but just not at the same elevated rate. New York City’s economy will continue to grow in coming years, but just not at the same elevated rate.

NEW YORK CITY—The New York City Independent Budget Office in a sweeping 24-page fiscal outlook report states that the Amazon HQ2 project in Queens will only serve to moderate the expected slower job growth it predicts in the city in coming years.

The IBO stressed in the report that it does not expect the economic expansion, which began after the 2008-2009 expansion to end, it also does not foresee a steep slide through at least 2022.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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