Urban Economic- Analysis A City

Introduction of New York City4

Location of New York4

Some Vital Statistics about New York5

Economic Forces of New York5

Competitive Advantage5

Financial Sector6

Fashion and Entertainment6

Economic Production of New York7

Real Estate Sector7

Financial Sector7

Health Care Sector7

Growth Rate of New York City8

Provision of Public Goods8

Parks8

Transportation9

Military10

Economic Landscape10

Role of Economic Demographics10

Historical Implications11

Lower Yields11

State of Households in New York City12

Some Vital Statistics12

Mix of Ethnicities in New York13

Crime and New York City14

Crime Rate14

Murder Rate15

Issues Regarding Transportation15

Density of Population15

Increased Usage of Automobiles15

State of Finances in New York16

Escalating Budget Deficit16

Lack of Revenue17

Accomplishments of New York City17

Biggest Challenges for New York17

References18

Urban Economic- Analysis A City

Introduction of New York City

New York is one of the largest cities in the world. It is located in the North Eastern region of United States of America. It is third largest city of the world in terms of population. As far as the density of the population is concerned, even in United States, it is ranked 7th in the index of the densely populated cities in the world. City is also referred as New York City, and is must not be confused with the State of New York which the city is part of. New York has significant effect on the commerce of United States of America. It is one the leading centre and hub of Financial market. The Wall Street is considered as one of the centers of business activity.

Location of New York

City is surrounded by New Jersey and Pennsylvania in the Southern Connecticut, Massachusetts and Vermont when looking at the Eastern side. When one talks about the border, it shares its borders with Rhode Island. International Border is shared by Ontario, a Canadian province.

Some Vital Statistics about New York

Some of the other major industries of the cities are media, art, scientific research, entertainment industry and overall educations system. Being one of the largest natural harbors of the world, it is one of the more important constituents of trade. History of New York is also very interesting as it was founded as a trading post in early 16th century and was initially named as New Amsterdam. The density can be gauged by the fact that there the metropolitan area of Untied States is distributed in a manner that there are about 19 million people distributed in the land area of about 6700 square miles.

Economic Forces of New York

For about last three centuries, New York City was the driving engine of USA economy and held it together for a long time. When one talks about the overall financial sector, New York City is the location and mainstream hub of one of the largest stock exchanges in the world. The insurance, healthcare, and overall real estate sector is also one of the more important economic forces of the city. There are other important centre's as well, like mass media, newspapers printing and journalism is also adds some dimensions to the economy of Untied States. There are some other unconventional industries as well that are prevailing quite well in New York City

Competitive Advantage

The insurance, healthcare, ...