The Economy Now

THE ECONOMY The miserliness of bracing York is the most successful city economy after Tokyo. It is the city that has the most successful in bailiwick and international finance and is the center of corporate headquarter in finance and services, media, entertainment and telecommunications, manufacturing and trade. At least triple of the realism’s primary pharmaceutical companies have placed at heart midtown Manhattan, as well. The New York Stock Exchange, locate on smother Street, and the NASDAQ are the worlds first and second largest line of credit exchanges, respectively, when measured by average daily trading masses and over altogether securities sedulousness capitalization. Financial services account for more 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 grammatical construction and eventide the site of the 9/11 Tragedy all wager touri st causing one million millions and millions of dollars towards the city. Hotel rates have change magnitude 85% and traffic throught the airports broke the 8,000,000 mark in first two hundred5. numerous tourist visit the city in order to beat its art and culture, resulting in a unfilled and hospitality exertion with more then 600, 000 workers. Television and need production in New York City is another division to the economy.

It is the second largest carry and television intentness in the sphere after Hollywood. just about 150 studios and stages support the industry, and film and television costs in the city are promptly reasonable that they ! rival those in Los Angeles. One-third of all case-by-case 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 cc 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 plentiful essay, order it on our website: OrderCustomPaper.com

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