New York state takes up about 1% of the land mass of the United States. New York (standardsprachlich (AE) [nuːˈjɔɹk], regional auch [nuːˈjɔək] oder [nɪˈjɔək]; BE: [ˈnjuːˈjɔːk]) ist ein Bundesstaat im Nordosten der Vereinigten Staaten von Amerika. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. 4. Health care industry employs approximately 565,000 people in New York City, according to the U.S. Census, making it the city's 2nd largest employer, after government. New York metro area’s GDP has steadily risen in the last two decades from 1.2 trillion U.S. dollars in 2001 to 1.57 trillion U.S. dollars in 2019. All rights reserved. Employees in the securities industry earned an average salary (including bonuses) of $398,600 in 2018. founded 1948 . [22] Food making is a $5 billion industry that employs more than 19,000 residents, many of them immigrants who speak little English. [53] In 2015, fewer than 23,000 New York City residents were employed in the manufacture of garments, accessories, and finished textiles, although efforts to revive the industry were underway. The projection would place it ahead of Tokyo, the richest city in the world in 2015. [10] New York City is distinctive for its high concentrations of advanced service sector firms in the law, accountancy, banking and management consultancy fields. Manufacturing jobs average $41,000 annually (NYS DOL, 2nd Qtr 2005), about $10,000 more than comparable jobs in retail or restaurants. [62] In the first five months of 2014 alone, location filming for television pilots in New York City exceeded the record production levels for all of 2013,[63] with New York surpassing Los Angeles as the top North American city for the same distinction during the 2013/2014 cycle.[64]. New York is a state with two very different sides. Fortune 500 companies headquartered in New York state that earned revenues of more than $15 billion in 2015. New York is a prominent location for the American entertainment industry, with many films, television series, books, and other media being set there. New York area airports provide 12 daily flights to Hong Kong and five to Beijing, the most flights out of the eastern half of the United States. 3. QuickFacts Rochester city, New York. In contrast, growth in the local economy picked up slightly in the first nine months of 2019 to an annual rate of 2.9 percent, marginally above the 2.7 percent growth over the same period in 2018. The projection would place it ahead of Tokyo , the richest city in the world in 2015. The manufacturing sector has the highest percentage of first-generation immigrants making up 64% of the workforce (NYC Dept. But by 2035, the GDP of New York City alone is expected to rise to $2.5 trillion, according to one estimate. While the national unemployment rate ticked up in mid-2018, New York City bucked the trend. [13] New York City's unemployment rate fell to its record low of 4.0% in September 2018. New York City's demographics show that it is a large and ethnically diverse metropolis. Downstate, New York City once again saw the greatest increase in the region at 5.7 percent. Lower Manhattan is home to the New York Stock Exchange, on Wall Street, and the NASDAQ, at 165 Broadway, representing the world's largest and second largest stock exchanges, respectively, when measured both by overall average daily trading volume and by total market capitalization of their listed companies. [54] Key events have been the formation of the International Ladies' Garment Workers' Union in 1900 and the formation of Amalgamated Clothing Workers Union in 1914; the New York shirtwaist strike of 1909; and the Triangle Shirtwaist Factory fire in 1911, in which 146 perished. However, the 2019 growth in the national economy slowed to an annual rate of 2.4 percent from 3 percent in 2018. economy. 25 August 2006, Industrial Revolution in the United States, New York City Economic Development Corporation, International Ladies' Garment Workers' Union, New York City Mayor's Office of Management and Budget, "Top 8 Cities by GDP: China vs. However, in 2013, the multi-state, New York City-centered Metropolitan Statistical Area produced a gross metropolitan product of … 2 in apples, but its top four top agricultural products - milk, corn for grain, hay, and cattle - are all related to dairy farming. Several investment banks and investment managers headquartered in the city are important participants in other global financial centers. For these and other reasons, New York is often called "the media capital of the world". The city is also the nation's most important center for mass media, journalism, and publishing. The Partnership for New York City, April 2006. Zillow said the average home price in Buffalo is about $90,000. That's called punching above your weight. [53] The garment industry has been significant in labor history, with Jewish, Italian, and Hispanic, and (more recently) Chinese immigrants successively laboring in the industry. If New York State were an independent nation, it would rank as the 10th largest economy in the world. New York ranks ahead of Paris, where such sales account for 27%, Hong Kong 13%, and Sydney 9%. The Time Warner Center is the property with the highest-listed market value in the city, at US$1.1 billion in 2006. Manhattan may have some of the priciest real estate in the country, but two cities in upstate New York are among the most affordable. [39] As of 2014[update], New York City hosted 300,000 employees in the tech sector. [4], Since 2000, China has been New York's leading growth market for exports. According to US News & World Report, Buffalo residents use only 21.1% of their salaries to cover living expenses, on average. But by 2035, the GDP of New York City alone is expected to rise to $2.5 trillion, according to one estimate. The Executive Budget proposes an additional $10 million for Empire State After-School programs; a . [51] The food-processing industry is the most stable major manufacturing sector in the city. Many of the world's largest corporations are headquartered in Manhattan. [56], International shipping has always been a major part of the city's economy because of New York's natural harbor, but with the advent of containerization most cargo shipping has moved from the Brooklyn waterfront across the harbor to the Port Newark-Elizabeth Marine Terminal in New Jersey. New York hat eine Fläche von 141.299 Quadratkilometern und ist mit 19,3 Millionen Einwohnern (Stand: 2010) nach Kalifornien … Often this makes the perspective of New York’s business community internationalist and at odds with Washington’s foreign policy, trade policy, and visa policy. In 2012, the New York metropolitan area generated a gross metropolitan product (GMP) of over US$1.33 trillion with a population of 20.3 million people. Unter den Städten der Welt belegt sie damit den zweiten Rang hinter Tokio und wäre als eigener Staat gezählt unter den 20 größten Volkswirtschaften der Welt. Notes: Anchored by Wall Street in Lower Manhattan, New York City has been characterized as the world's premier financial center. That's enough apples to provide an apple a day for 10,102,739 people, or give 11 apples to each of the 327 million people in the US. New York City is home to some of the nation's—and the world's—most valuable real estate. [53] As of 2009, there were slightly fewer than 1,600 garment manufacturing businesses in the city, of which about a quarter were located in or around the Garment District, which has about 830,000 square feet (77,000 m2) of manufacturing space. New York’s economy is about 53% larger than the world’s next largest urban economy, Los Angeles (with a GDP of $786.7 billion in 2012). But the state and its neighboring country have more in common than geography. If you answered Dunkin', you're on the same page as many New Yorkers. Der New York City E-Prix 2019 (offiziell: 2019 New York City E-Prix) fand am 13. und 14. [45], Research and medical services drive New York's healthcare industry. A 2003 city-sponsored survey of the industrial sector identified three major local challenges to retaining businesses: 1) high cost of real estate; 2) high costs of doing business; and, 3) uncertainty about land use policy. "London's top housing draws the world's billionaires." [46] The Time Warner Center is the property with the highest-listed market value in the city, at US$1.1 billion in 2006. Its workers earn more than $400,000 a year on average, close to three times as much as … Staten Island, New York City has a population of around 8.6 million that is ethnically and culturally diverse. [55], In one measure of how international New York City's economy is, data compiled by the agents Knight Frank show foreign owners make up 34% of sales in the city's prime residential market. [16] New York City has been ranked first among cities across the globe in attracting capital, business, and tourists. The Port of New York and New Jersey is also a major economic engine, handling record cargo volume in 2017, over 6.7 million TEUs. That astronomical figure is 180 times the average home price of $1.32 million in pricey Manhattan, according to Zillow. More than 200 newspapers and 350 consumer magazines have an office in the city. Stock quotes by finanzen.net. Despite the adaptability of New York manufacturers, there remain looming challenges to the sector’s survival. "New York and China: Building a Global Partnership." The city has the most post-graduate life sciences degrees awarded annually in the United States, 60,000 licensed physicians, and 127 Nobel laureates with roots in local institutions. It doesn't hurt that Chobani, the popular Greek-yogurt company, has its headquarters in Norwich. The state's 700 apple orchards produce 29.5 million bushels of apples a year, with about 125 apples in each bushel. [30] New York City remains the largest global center for trading in public equity and debt capital markets, driven in part by the size and financial development of the U.S. New York produced more cottage cheese, sour cream, and yogurt than any other state in 2016. Top publicly traded companies in New York, CS1 maint: multiple names: authors list (. That's more than 5% of all the Dunkin' stores in the world and about 7% of its stores in the US. Canada also receives most of New York's foreign exports. Here's what it looks like. The borough contained over 500 million square feet (46.5 million m2) of office space in 2015, [8] making it the largest office market in the United States. City Planning) and African Americans comprising 78% of the production workforce (2004 American Community Survey). New York state shares a long border and Niagara Falls with Canada. Buffalo ranked 11th on the US News & World Report list, and Syracuse ranked 22nd. Then there's upstate New York, much of which is rural, agricultural, and less densely populated. Some cargo shipping remains; for example, Brooklyn still handles the majority of cocoa bean imports to the United States.[57]. The Combined Statistical Area[5] produced a GMP of over US$1.55 trillion. Also, it is the country's preeminent arts center. [6] The city's economy accounts for most of the economic activity in both the states of New York and New Jersey.[7]. The economy of the State of New York is reflected in its gross state product in 2018 of $1.7 trillion, ranking third in size behind the larger U.S. states of California and Texas. To boot, production methods have become cleaner and more technology-driven. The U.S.", "What Is the World's Most Economically Powerful City? The city is the top media market in the United States, with 7% of the country’s television-viewing households. The economy of New York City encompasses the largest municipal and regional economy in the United States. Es handelte sich um den dritten New York City E-Prix sowie um das Saisonfinale der fünften Saison der FIA-Formel-E-Meisterschaft. These companies represent a broad array of industries including shipping, steel, energy and manufacturing firms, and services. Testimony - October 2019 The Pivotal Impact of New York City’s Tourism Economy. The New York City Regional Economic Development Council (NYCREDC) today announced it recently submitted its 2019 Progress Report to New York State to meet the October 1 deadline. The city's securities industry, accounting for 181,300 jobs in 2018, continues to form the largest segment of the city's financial sector and an important economic engine, accounting for about 5% of the city's private sector jobs in 2018, 6% (US$3.7 billion) of city tax revenue, 17% (US$ 13.2 billion) of state tax revenue, and a fifth of the city's total wages. London, however, is the most cosmopolitan world city in terms of property ownership; more than 51% of homes there worth more than £2m which is also $3.8m or roughly 3m euros sold in 2005 have gone to overseas buyers from Russia, the Middle East and elsewhere. The region collected over $7.8 billion in sales tax last year, more than any region of the state. Read more: 13 mind-blowing facts about Russia's economy. 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