| New York City dominates the economy of
| |
| | however, there are also small to moderate
|
| the state. It is the leading center of
| |
| | petroleum reserves in this area.
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| banking, finance and communication in the
| |
| | New York exports a wide variety of goods
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| United States and is the location of the
| |
| | such as foodstuffs, commodities,
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| New York Stock Exchange (NYSE) on Wall
| |
| | minerals, manufactured goods, cut
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| Street, Manhattan. Bureau of Economic
| |
| | diamonds, and automobile parts. New
|
| Analysis estimates that in 2004, the
| |
| | York's top 5 export markets in 2004 were
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| total gross state product was $963.5
| |
| | Canada ($30.2 billion), United Kingdom
|
| billion[4], ranking 3rd behind California
| |
| | ($3.3 billion), Japan ($2.6 billion),
|
| and Texas. If New York were a nation, it
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| | Israel ($2.4 billion), and Switzerland
|
| would rank as the 16th largest economy in
| |
| | ($1.8 billion). New York's largest
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| the world, behind South Korea. The state
| |
| | imports are oil, gold, aluminum, natural
|
| economy grew 3.3%, just a tad slower than
| |
| | gas, electricity, rough diamonds, and
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| the 3.5% growth rate for the US. It was
| |
| | lumber.
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| the 25th fastest growing economy in the
| |
| | Canada has become a very important
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| US in 2005. Its 2005 per capita personal
| |
| | economic partner of New York. 23% of the
|
| income was $40,507,an increase of 5.9%
| |
| | state's total worldwide exports went to
|
| from 2004, placing it 5th in the nation
| |
| | Canada in 2004. Tourism from the north is
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| behind Maryland, and 8th in the world
| |
| | also a large part of the economy.
|
| behind Ireland. New York's agricultural
| |
| | Canadians spent US$487M in 2004 while
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| outputs are dairy products, cattle and
| |
| | visiting the state. This figure is
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| other livestock, vegetables, nursery
| |
| | predicted to increase due to the stronger
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| stock, and apples.
| |
| | Canadian dollar.
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| Its industrial outputs are printing and
| |
| | Agriculture New York State is an
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| publishing, scientific instruments,
| |
| | agricultural leader, ranking within the
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| electric equipment, machinery, chemical
| |
| | top five states for agricultural products
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| products, and tourism.
| |
| | including dairy, apples, cherries,
|
| Many of the world's largest corporations
| |
| | cabbages, potatoes, onions, maple syrup
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| locate their headquarter's home offices
| |
| | and many others. The state is the largest
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| in Manhattan or in nearby Westchester
| |
| | producer of cabbage in the U.S. The state
|
| County, New York. The state also has a
| |
| | has about a quarter of its land in farms
|
| large manufacturing sector which includes
| |
| | and produced US$3.4 billion in
|
| printing and the production of garments,
| |
| | agricultural products in 2001. The south
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| furs, railroad rolling stock, and bus
| |
| | shore of Lake Ontario provides the right
|
| line vehicles. Some industries are
| |
| | mix of soils and microclimate for many
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| concentrated in upstate locations also,
| |
| | apple, cherry, plum, pear and peach
|
| such as ceramics (the southern tier of
| |
| | orchards. Apples are also grown in the
|
| counties) and photographic equipment
| |
| | Hudson Valley and near Lake Champlain.
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| (Rochester).
| |
| | The south shore of Lake Erie and the
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| There is a moderately large saltwater
| |
| | southern Finger Lakes hillsides have many
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| commercial fishery located along the
| |
| | vineyards. New York is the nation's
|
| Atlantic side of Long Island. The
| |
| | third-largest grape-producing state,
|
| principal catches by value are clams,
| |
| | behind California, and second largest
|
| lobsters, squid, and flounder. There used
| |
| | wine producer by volume. In 2004, New
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| to be a large oyster fishery in New York
| |
| | York's wine and grape industry brought
|
| waters as well, but at present, oysters
| |
| | US$6 billion into the state economy. The
|
| comprise only a small portion of the
| |
| | state has 30,000 acres (120 km2) of
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| total value of seafood harvested. Perhaps
| |
| | vineyards, 212 wineries, and produced 200
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| the best known aspect of the fishing
| |
| | million bottles of wine in 2004.
|
| sector is the famous Fulton Fish Market
| |
| | New York was heavily glaciated in the ice
|
| in New York City, which distributes not
| |
| | age leaving much of the state with deep,
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| only the New York catch but imported
| |
| | fertile, though somewhat rocky soils. Row
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| seafood from all over the world. The
| |
| | crops, including hay, corn, wheat, oats,
|
| Fulton Fish Market has been moved from
| |
| | barley, and soybeans, are grown.
|
| Fulton Street in Manhattan to The Bronx.
| |
| | Particularly in the western part of the
|
| New York's mining sector is concentrated
| |
| | state, sweet corn, peas, carrots, squash,
|
| in three areas. The first is near New
| |
| | cucumbers and other vegetables are grown.
|
| York City. Primarily, this area
| |
| | The Hudson and Mohawk Valleys are known
|
| specializes in construction materials for
| |
| | for pumpkins and blueberries.
|
| the many projects in the city, but it
| |
| | The glaciers also left numerous swampy
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| also contains the emery mines of
| |
| | areas, which have been drained for the
|
| Westchester County, one of two locations
| |
| | rich humus soils called muckland which is
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| in the U.S. where that mineral is
| |
| | mostly used for onions, potatoes, celery
|
| extracted. The second area is the
| |
| | and other vegetables. Dairy farms are
|
| Adirondack Mountains. This is an area of
| |
| | present throughout much of the state.
|
| very specialized products, including
| |
| | Cheese is a major product, often produced
|
| talc, industrial garnets, and zinc. It
| |
| | by Amish or Mennonite farm cheeseries.
|
| should be noted that the Adirondacks are
| |
| | New York is rich in nectar-producing
|
| not part of the Appalachian system,
| |
| | plants and is a major honey-producing
|
| despite their location, but are
| |
| | state. The honeybees are also used for
|
| structurally part of the mineral-rich
| |
| | pollination of fruits and vegetables.
|
| Canadian Shield. In the inland
| |
| | Most commercial beekeepers are migratory,
|
| southwestern part of the state, in the
| |
| | taking their hives to southern states for
|
| Allegheny Plateau, is a region of drilled
| |
| | the winter. Most cities have Farmers'
|
| wells. The only major liquid output at
| |
| | markets which are well supplied by local
|
| present is salt in the form of brine;
| |
| | farmers.
|
