History: Life In The New York City, 19th Century, United States

Economy
New York 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). 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 approximately gross metropolitan product of $1.13 trillion in 2005, making it the largest regional economy in the United States and, according to IT Week, the second largest city economy in the world. According to Cinco Dias, New York controlled 40% of the world's finances by the end of 2008, making it the largest financial center in the world.