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==Economy==
==Economy==
New York City is a global hub of international business and commerce and is one of three "command centers" for the world economy (along with [[London]] and [[Tokyo]]).<ref>{{cite book|author=[[Saskia Sassen|Sassen, Saskia]]|title=The Global City: New York, London, Tokyo|year=2001|publisher=Princeton University Press|edition=2nd edition|isbn=0691070636}}</ref> The city is a major center for finance, insurance, real estate, media and the arts in the United States. The New York [[metropolitan area]] had an estimated [[gross metropolitan product]] of $952.6 billion in 2005, the largest regional economy in the United States.<ref name="NYC economy">{{cite web |url=http://www.usmayors.org/74thWinterMeeting/metroeconreport_January2006.pdf |format=PDF |publisher=The United States Conference of Mayors|title=The role of metro areas in the U.S. economy |date=[[January 13]], [[2006]] |accessdate=2006-07-19}}</ref> The city's economy accounts for the majority of the economic activity in the states of New York and New Jersey.<ref name="NYC economy" /> Many major corporations are headquartered in New York City, including 44 [[Fortune 500]] companies.<ref>{{cite web |url=http://www.nycedc.com/Web/NYCBusinessClimate/FactsFigures/FactsFigures.htm |title=NYC Business Climate - Facts & Figures |publisher=New York City Economic Development Corporation|accessdate=2007-06-08}}</ref> New York is also unique among American cities for its large number of foreign corporations. One out of ten private sector jobs in the city is with a foreign company.<ref>{{cite news|title=Keeping the Economy Growing |author=Wylde, Kathryn |publisher=Gotham Gazette |date=[[January 23]], [[2006]] |url=http://www.gothamgazette.com/article/fea/20060123/202/1727 |accessdate=2006-07-19}}</ref>
New York City is a global hub of international business and commerce and is one of three "command centers" for the world economy (along with [[London]] and [[Tokyo]]).<ref>{{cite book|author=[[Saskia Sassen|Sassen, Saskia]]|title=The Global City: New York, London, Tokyo|year=2001|publisher=Princeton University Press|edition=2nd edition|isbn=0691070636}}</ref> The city is a major center for finance, insurance, real estate, media and the arts in the United States. The New York [[metropolitan area]] had an estimated [[gross metropolitan product]] of $952.6 billion in 2005, the largest regional economy in the United States.<ref name="NYC economy">{{cite web |url=http://www.usmayors.org/74thWinterMeeting/metroeconreport_January2006.pdf |format=PDF |publisher=The United States Conference of Mayors|title=The role of metro areas in the U.S. economy |date=[[January 13]], [[2006]] |accessdate=2006-07-19}}</ref> The city's economy accounts for the majority of the economic activity in the states of New York and New Jersey.<ref name="NYC economy" /> Many major corporations are headquartered in New York City, including 44 [[Fortune 500]] companies.<ref>{{cite web |url=http://www.nycedc.com/Web/NYCBusinessClimate/FactsFigures/FactsFigures.htm |title=NYC Business Climate - Facts & Figures |publisher=New York City Economic Development Corporation|accessdate=2007-06-08}}</ref> New York is also unique among American cities for its large number of foreign corporations. One out of ten private sector jobs in the city is with a foreign company.<ref>{{cite news|title=Keeping the Economy Growing |author=Wylde, Kathryn |publisher=Gotham Gazette |date=[[January 23]], [[2006]] |url=http://www.gothamgazette.com/article/fea/20060123/202/1727 |accessdate=2006-07-19}}</ref>
