The Economy Now

THE ECONOMY The miserliness of untested York is the most successful urban center economy after Tokyo. It is the city that has the most successful in bailiwick and international finance and is the center of corporate central office in finance and services, media, entertainment and telecommunications, manufacturing and trade. At least collar of the realism’s primary pharmaceutical companies have laid at heart midtown Manhattan, as well. The New York Stock Exchange, placed on smother Street, and the NASDAQ are the worlds first and second largest rake exchanges, respectively, when measured by average daily trading mass and over every last(predicate) securities sedulousness capitalization. Financial services account for more(prenominal) than 35 per centum of the citys employment income. Tourism in New York contributes greatly to the economy as well. Places like Rockefeller Center, The Empire State build and eventide the site of the 9/11 Tragedy all wager tou rist causing gazillions and millions of dollars towards the city. Hotel rates have increase 85% and traffic throught the airports broke the 8,000,000 mark in early two hundred5. numerous tourist visit the city in order to beat its art and culture, resulting in a vacuous and hospitality exertion with more then 600, 000 workers. Television and postulate production in New York City is another donation to the economy.

It is the second largest movie theatre and television exertion in the state after Hollywood. just about 150 studios and stages support the industry, and film and television costs in the city are directly reasonable that they rival th! ose in Los Angeles. One-third of all single-handed films are produced in the outsized Apple. The citys movie industry employs 100,000 New Yorkers and about $5 one million million million is brought by the industry to the citys economy every year. More than two hundred newspapers and 350 consumer magazines have an office in the city. The book publishing industry alone employs 25,000 people. For these reasons, New York is often called the media capital of the world. The city is as well as the...If you want to get a wax essay, order it on our website: OrderCustomPaper.com

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