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Examines the economic outlook for New York City in the wake of the September 11, 2001 terrorist attacks. Unemployment statistics; Views of analysts; Uncertainties concerning federal aid; Actions taken by the federal government and Small Business Administration; Questions that are being asked by economists; How the collapse of the World Trade Center damaged the city's engines of economic growth.

Examines how the September 11, 2001 terrorist attack on the World Trade Center has affected New York City's economy. The request for billions in federal aid to clear the damage; Impact of losses in tax revenues on the city budget; View that the economic forecast threatens to undercut successes of previous years; Estimates of disaster-related cost; The long-lasting financial effects; New York's uncertainty over the future.

Reports the nearing of an agreement by New Jersey legislators which would provide $50 million in assistance to victims of September 1999 flooding from Tropical Storm Floyd. Reasons for the agreement as a result of criticism from victims; How the money would be divided under the direction of New Jersey Governor Christine Todd Whitman; Damages; United States disaster funding to the state; Comments from Carl Wyhopen, assistant attorney general, and others.