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Importance of the economy


Agriculture in New York state
Agriculture in New York state

New York ranks among the leading states in total personal income and in income generated by manufacturing. It is the commercial and financial leader of the country as well as a leading distribution center. Its ports—including New York City, Buffalo, and Albany—handle much of the foreign trade of the United States. Many of the nation’s leading industrial firms have their headquarters in the state, most of them in New York City’s borough of Manhattan. Wall Street is justly famous as the world’s financial center, and upstate cities also have important financial resources. Financial institutions, combined with insurance and real-estate companies, contribute significantly to the state’s economy. Other major economic sectors in the state are the service industries, trade, and manufacturing.

Agriculture


Dairying is New York’s most important farming activity. Most of the dairy production is sold as fluid milk, although butter and cheese are important products as well. The dairy areas are located in the Hudson, St. Lawrence, Black, and Mohawk valleys. Cattle and calves are also raised for beef production. Poultry products, including eggs, are also important. Poultry farms are concentrated on Long Island, which is famous for its ducks. Chickens and turkeys are also raised.

In the production of potatoes, New York ranks among the top dozen states. About one-third of the output comes from Long Island. The production of fruit is important in the state. New York ranks second among the top states in production of apples and grapes.

Tart cherries, pears, and plums are also important crops. Most New York apples are grown in Wayne County east of Rochester and in the mid-Hudson Valley. The grapes come from vineyards along the Lake Erie shore and in the Finger Lakes region, although significant amounts of grapes for wine are grown in eastern Long Island. In maple syrup production, New York competes with Vermont for top place among the states. The other important crops grown in New York include corn, onions, cabbage, and hay. The Ontario Lake plain south of Lake Ontario is the state’s vegetable-growing area and also has numerous flower and plant nurseries. Many of the vegetables grown there are canned or frozen. "New York" © Emmanuel BUCHOT, Encarta, Wikipedia

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