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Forecast Revisions for Economic Indicators Since Last Fall Sources : 1 Mayors Office of Management and Budget, November 2024 Financial Plan & May 2025 Executive Budget 2 Office of the New York City Comptroller, State of the Citys Economy and Finances (December 2024) & May 2025 assumptions 3 Federal Reserve Summary of Economic Projections, September 2024 & March 2025 4 Blue Chip Economic Indicators, November 2024 & May 2025 While hard data regarding the U.S

Its the percentage increase that we tend to notice and that is what has an impact on people considering buying the next pack of cigarettes or considering quitting. Still, the city hopes the new statewide tax will produce some change in consumer behavior, and officials urge those who want to quit to dial 1-800-QUITNOW for assistance

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Last year, three out of four tax increases were defeated at the polls, with tobacco companies outspending health groups at enormous ratios