Despite the loss of the World Trade Center buildings, the economy of New York City is the largest in America and the second largest city economy in the world after Tokyo. It is one of the world's two premier financial centers, lead by Wall Street, and home to the New York Stock Exchange and NASDAQ which are recognized as the world's largest stock exchanges. The basis of New York City's economy are the media, financial, health care, insurance, and real estate industries. It is leading business center in United States.
The "Charging Bull" symbolizes Wall Street
Nasdaq BuildingThe city has possesses a strong competitive advantage in many creative industries such as fashion, design, advertising, and architecture. An appealing fact about the city's economy is that it alone accounts for the majority of the activity for the states of New York and New Jersey.
Real Estate Real estate is a major factor of the city's economy. For example, the Google building itself is the property with the highest-listed market value in the city for $1.8 billion in 2006. Some of the most expensive office spaces are also located in New York City.
111 Eighth Avenue
Manufacture
The manufacturing business also plays a role in the city's economy with the food-processing industry being the lead sector. With $234 million worth of exports every year, chocolate is the food with the most exports in the city. There are over 233,000 jobs in manufacturing in more than 10,000 different businesses in New York City. Although they may be small businesses, it still contributes to the overall economy of the city.
IndustryMedia
As obviously known, New York City is of the most important places for journalism, mass media, film, and publishing. The city's television and film industry is second after Hollywood. One-third of all independent films are made in the New York City. Recently, the media industries have made $9.2 billion in the city. Three of the "Big Five" music recording businesses have their headquarters in New York City. Not only are movies and TV films popular in the city, but Broadway musicals are widely known and are an attraction as well. New York Tourism contributes greatly to the city's overall economy which is influenced by advertisement and the tragedy of the 9/11 event. Many tourists visit the city to experience the art and culture of all the place has to offer.
New York Stock Exchange
http://www.city-data.com/us-cities/The-Northeast/New-York-Economy.html