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