New York City. Make it here.
New York City is comprised of five boroughs: Manhattan, Brooklyn, Queens, the Bronx, and Staten Island. Each has a distinct character, making NYC’s stunning diversity— 8.4 million people, more than three million of them foreign-born, speaking around 200 different languages—apparent in every corner of the City.
New York City’s business community is just as diverse. There are more than 2,800 international firms with presences in NYC, and they employ 275,000 people; one out of 10 private sector jobs in NYC is with a foreign company. Thirty-six percent of the City’s workforce is foreign-born.
In October 2009, New York was ranked the most attractive city for business and innovation, outranking London, Paris, and Tokyo, according to Japan’s Mori Memorial Foundation’s second Global Power City Index. The survey covered 35 of the world’s major cities and ranks were based on the categories of economy, research and development, cultural interaction, livability, ecology and natural environment, and accessibility. The index also measured the attractiveness of a city from the viewpoint of what it calls global and local actors: managers, researchers, artists, visitors, and residents.
New York City's Economy
The New York City metropolitan area’s gross metropolitan product was worth an estimated $1.2 trillion in 2007, larger than the GDP of many countries. NYC is known for financial services, which represents a significant part of the City’s economy. But NYC’s economy is remarkably varied, with one-fifth of the workforce in the professional services sector and another fifth in the healthcare industry. More than 800,000 people work in technology-related jobs. Media and marketing, green industry, bioscience, fashion and retail, and the non-profit sector are all key industries that will contribute to NYC’s future growth.