New York

From Wikinvestor

Jump to: navigation, search

New York is a state in the Mid-Atlantic and Northeastern regions of the United States and is the nation's third most populous. The state is bordered by New Jersey and Pennsylvania to the south, and Connecticut, Massachusetts and Vermont to the east. The state has a maritime border with Rhode Island east of Long Island, as well as an international border with the Canadian provinces of Quebec and Ontario to the north. New York is often referred to as New York State to distinguish it from the city of New York.

New York, New York which is the largest city in the state and in the United States, is known for its history as a gateway for immigration to the United States and its status as a financial, cultural, transportation, and manufacturing center. Both state and city were named for the 17th century Duke of York, James Stuart, future James II and VII of England and Scotland.

New York was inhabited by the Algonquin, Iroquois, and Lenape Native American groups at the time Dutch and French nationals moved into the region in the early 17th century. First claimed by Henry Hudson in 1609, the region came to have Dutch forts at Fort Orange, near the site of the present-day capital of Albany in 1614, and was colonized by the Dutch in 1624 at both Albany and Manhattan; it later fell to British annexation in 1664.

The borders of the British colony, the Province of New York, were roughly similar to those of the present-day state. About one third of all of the battles of the Revolutionary War took place in New York. New York became an independent state on July 9, 1776 and enacted its constitution in 1777. The state ratified the United States Constitution on July 26, 1788 to become the 11th state. According to the U.S. Department of Commerce, it is also the destination of choice for foreign visitors, leading both Florida and California in tourism.[citation needed]

Contents

Geography

New York covers 54,556 square miles (141,299 km²) and ranks as the 27th largest state by size. The Great Appalachian Valley dominates eastern New York, while Lake Champlain is the chief northern feature of the valley, which also includes the Hudson River flowing southward to the Atlantic Ocean. The rugged Adirondack Mountains, with vast tracts of wilderness, lie west of the valley. Most of the southern part of the state is on the Allegheny plateau, which rises from the southeast to the Catskill Mountains. The western section of the state is drained by the Allegheny River and rivers of the Susquehanna and Delaware systems. The Delaware River Basin Compact, signed in 1961 by New York, New Jersey, Pennsylvania, Delaware, and the federal government, regulates the utilization of water of the Delaware system. The highest elevation in New York is Mount Marcy in the Adirondacks.

New York's borders touch (clockwise from the west) two Great Lakes (Erie and Ontario, which are connected by the Niagara River); the provinces of Ontario and Quebec in Canada; Lake Champlain; three New England states (Vermont, Massachusetts, and Connecticut); the Atlantic Ocean, and two Mid-Atlantic states (New Jersey and Pennsylvania). In addition, Rhode Island shares a water border with New York.

Climate

New York generally has a humid continental climate, though a plausible argument can be made that under the Köppen climate classification, New York City has a humid subtropical climate. Weather in New York is heavily influenced by two continental air masses: a warm, humid one from the southwest and a cold, dry one from the northwest. A cool, humid airflow from the North Atlantic also has an effect on weather in the state, albeit to a lesser extent than the continental ones. Many continental frontal boundaries move across New York, and storm systems moving north along the coast often affect the southern areas of the state.

Demographics

Population

As of 2006, New York was the third largest state in population after California and Texas, with an estimated population of 19,490,297 as of July 1, 2008. This represents an increase of 513,481, or 2.7%, since the last census in 2000. It includes a natural increase since the last census of 803,680 people (that is 2,072,765 births minus 1,269,085 deaths) and a decrease due to net migration of 698,895 people out of the state. Immigration from outside the United States resulted in a net increase of 876,969 people, and migration within the country produced a net loss of 1,575,864 people.

In spite of the open land in the state, New York's population is very urban, with 92% of residents living in an urban area.

New York is a slow growing state with a large rate of migration to other states. In 2000 and 2005, more people moved from New York to Florida than from any one state to another. New York state is a leading destination for international immigration, however. The center of population of New York is located in Orange County, in the town of Deerpark. New York City and its eight suburban counties (excluding those in New Jersey, Connecticut, and Pennsylvania) have a combined population of 13,209,006 people, or 68.42% of the state's population.

Demographics Population

As of 2006, New York was the third largest state in population after California and Texas,[17] with an estimated population of 19,490,297 as of July 1, 2008.[2] This represents an increase of 513,481, or 2.7%, since the last census in 2000.[18] It includes a natural increase since the last census of 803,680 people (that is 2,072,765 births minus 1,269,085 deaths) and a decrease due to net migration of 698,895 people out of the state.[18] Immigration from outside the United States resulted in a net increase of 876,969 people, and migration within the country produced a net loss of 1,575,864 people.[18]

In spite of the open land in the state, New York's population is very urban, with 92% of residents living in an urban area.[19]

New York is a slow growing state with a large rate of migration to other states. In 2000 and 2005, more people moved from New York to Florida than from any one state to another.[20] New York state is a leading destination for international immigration, however. The center of population of New York is located in Orange County, in the town of Deerpark.[21] New York City and its eight suburban counties (excluding those in New Jersey, Connecticut, and Pennsylvania) have a combined population of 13,209,006 people, or 68.42% of the state's population.

Economy

New York's gross state product in 2007 was $1.1 trillion, ranking third in size behind the larger states of California and Texas. If New York were an independent nation, it would rank as the 16th largest economy in the world behind Turkey. Its 2005 per capita personal income was $40,072, an increase of 4.2% from 2004, placing it fifth in the nation behind Maryland, and eighth in the world behind Ireland. New York's agricultural outputs are dairy products, cattle and other livestock, vegetables, nursery stock, and apples. Its industrial outputs are printing and publishing, scientific instruments, electric equipment, machinery, chemical products, and tourism.

A recent review by the Center on Budget and Policy Priorities found 13 states, including several of the nation's largest, face budget shortfalls for FY2009. New York faces a deficit that could be as large as $4.3 billion.

New York exports a wide variety of goods such as foodstuffs, commodities, minerals, computers and electronics, cut diamonds, and automobile parts. In 2007, the state exported a total of $71.1 billion worth of goods, with the five largest foreign export markets being Canada ($15 billion), United Kingdom ($6 billion), Switzerland ($5.9 billion), Israel ($4.9 billion), and Hong Kong ($3.4 billion). New York's largest imports are oil, gold, aluminum, natural gas, electricity, rough diamonds, and lumber

Personal tools
Google AdSense