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New York City boasts one of the strongest and most diverse economies in the world. Take a look at the following industry profiles to learn about some of the key sectors that drive the City's powerhouse economy.
Get NYC facts and figures by reading NYCEDC's NYC-At-a-Glance report for 2011 and viewing our full-size infographic, both of which are attached below.
The report includes patterns, statistics and analysis on the following:
Spread over 30,734 acres, Staten Island is the third largest borough in the City. It has one-fifth of the City’s shoreline, and half of its waterfront is designated for industrial use. There are over 170 parks covering more than 12,300 acres, with 4,000 acres on the waterfront. The borough’s economy is locally oriented, with heavy concentrations in Health Care and Social Assistance as well as Retail Trade.
Manhattan is the smallest borough in New York City (“NYC” or “City”) based on land area. It covers 10,890 acres (7.1 percent of NYC), of which 24.9 percent is open space and 37.5 percent is under residential use. Home to 1.6 million people, or a fifth of NYC’s population, the borough is the 19th most populous county in the US and the 5th most populous in New York State. With its high population density, most real property in the borough is residential, predominantly in the form of multi-family units rather than single-family homes. Manhattan is the largest county-level economy in the State and employs 61.6 percent of the City’s workers, with heavy concentration in the Services, Finance and Insurance and Trade sectors.
The Bronx is the northernmost borough of New York City, as well as the only borough located in the mainland United States. It is a highly residential borough, home to about 1.4 million people, making it the 5th most populous county in the State and the 26th most populous in the country. Most real property in the borough is residential, predominantly in the form of multi-family units such as apartments rather than single-family homes. The economy of the borough is primarily locally oriented, with heavy concentration in the Trade and Services sectors.
Brooklyn covers 71 square miles and is the largest borough in the City. With 2.5 million residents (31 percent of NYC population), Brooklyn, or Kings County, is the most populous county in New York State and the seventh most populous county in the U.S. The borough’s economy is primarily locally-oriented, with heavy concentrations in the Services and Trade sectors.