Dossier
Peter Atwater
Coverage of Peter Atwater in the Nexus archive.
- Inside NYC’s K-Shaped Economy: A Few Do Well, Most Do Not
New York City's economy is characterized as K-shaped, with millionaires capturing over half of all income growth since the pandemic. Meanwhile, poverty rates in NYC have reached record highs, leading more residents to rely on safety net benefits like SNAP and cash assistance. Experts note this disparity creates a highly polarized environment.