New York City Stats

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New York Less Dependent On Trade With Canada Than Most States

The United States Department of Commerce imposed on Monday a 20% import tax on softwood lumber from Canada. The measure is the latest indication of mounting economic tensions between the U.S. and its northern ally. In a press release, U.S. Secretary of Commerce Wilbur Ross said, “It has been a bad week for U.S.-Canada trade […]

Why Cancer is More Common in New York City

Surpassed by only heart disease, cancer is second leading cause of death in the United States. There are roughly 448 cases of cancer per 100,000 Americans, accounting for 22.5% of all deaths nationwide. In the New York-Newark-Jersey City metro area, an estimated 469 out of every 100,000 residents have been diagnosed with cancer, higher than […]

New York Produces More Renewable Energy Than Most States

Climate change is widely viewed as one of the long-term events most threatening to the Earth and human life. Research shows that since the Industrial Revolution in the 1700s, changes in the Earth’s climate are due in part to human activity — specifically, the burning of fossil fuels and the emission of greenhouse gas. Fossil […]

One in Three Adults in New York Use Only Cellphones

Americans are steadily abandoning traditional telephone landlines and exclusively using wireless devices. While 8.4% of U.S. households used only cellphones in 2005, this was true of nearly half of all American households only a decade later. The likelihood of living in a cellphone-only household varies considerably across states. New Jersey has the lowest share of […]

Identity Theft More Common in New York

The risk of identity theft in the United States continues to rise. The incidence of such crimes rose consistently over the last decade, from 246,214 in 2006 to 399,225 last year. The rate of identity theft varies considerably between states. Using the Federal Trade Commission’s 2017 Consumer Sentinel Network Data Book, 24/7 Wall St. reviewed […]

New York is One of the Least Tax-Friendly States for Business

States compete to attract new businesses, which can generate jobs and contribute to economic growth. While every state levies some form of taxes on businesses, some states are more tax-friendly than others. In addition to other factors, such as the strength of the labor force, a state’s tax code is an important consideration for businesses […]

Why Gas Prices Are Higher in New York

The price of gas, a necessity for most Americans, tends to be somewhat unpredictable. The common, often erratic, fluctuations are due to basic supply and demand factors, but the price of gas also changes with the seasons, after natural disasters, and due to other events in the United States or around the world. The average […]

State University of New York System is the Largest Employer in New York

Most state economies are relatively diverse, yet it is not uncommon for a single industry to have an outsized impact on the state’s economy and labor market. In some cases, a single company employs a significant share of the state’s workforce. State governments tend to be the largest employers in each state. There are more […]

New York Has the Highest Taxes in America

In the U.S. federalist system, each state government decides how to generate revenue — that is, which taxes to collect, and how. No state tax code is identical, and largely as a result, what the average American pays annually in taxes varies from state to state. 24/7 Wall St. reviewed each state’s tax burden — […]

New York Spends More Than Most States on Gambling

Taking risks is at the heart of the entrepreneurial spirit that is often associated with the American way of life. While not exactly entrepreneurial, perhaps nowhere is risk-taking more apparent than across the U.S. gaming sector. In a given year, state governments together generate nearly $63 billion in revenue from casinos and lotteries. This revenue […]

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