Educate Yourself - The Big Apple

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The Big Apple
Brian Trumbore
President/Editor, StocksandNews.com

Annual look at all things New York

New York City residents

2005…8,195,089
2009…8,342,726 [estimates as of July each year]

8,342,726…male 3,972,300…female 4,370,426

Immigrants’ Birthplaces

Dominican Republic…358,376
China [includes Hong Kong and Taiwan]…301,815
Mexico…178,713
Jamaica…165,348
Guyana…137,925

[People from Puerto Rico…310,000…are not considered foreign-born]

New York City’s finance and insurance employment

2007…348,000 total jobs
2009…284,000

Median teacher salary, NYC…$64,135 (2008)

New York Area Dailies

Wall Street Journal…2,082,000
New York Times…1,039,000
Daily News…602,000
New York Post…558,000
Newsday…368,000

341 Dunkin’ Donuts in NYC…but that was as of spring 2008 and since then Tim Hortons is movin’ in! [At least 10 Dunkin’ Donuts franchises being turned into Tim Hortons.]

Number of visitors [international and domestic]

2004…39.9M
2008…47.1M

Average room rate in Manhattan

1Q 2008…$268
1Q 2009…$220

Five top-grossing shows on Broadway for 2008-09 season ending May 24.

Wicked…$74.4M
The Lion King…$59.5M
Jersey Boys…$56.3M
Mamma Mia!...$48.3M
South Pacific…$45.9M

Leading Trade Partners through New York and New Jersey ports in 2008

Imports

China…5,560 (000s of metric tons)
Italy…1,590
India…1,367

Exports

China…2,813
India…871
Germany…416

On-time flight arrivals in 2008

JFK…68.6%
La Guardia…62.8%
Newark Liberty…62.3%

Other Tidbits

NYC is #2 in priciest average meal, U.S.,…$40.78…to #1 Las Vegas, $44.44

New York State is #3 among states for birthplace of presidents. Virginia is #1 with eight. Ohio is #2 with seven. Massachusetts is tied with New York, both with four. The four from New York are Martin Van Buren, Millard Fillmore, and Theodore and Franklin Roosevelt.

New York City is home to 43 Fortune 500 companies, compared with 25 in Houston. Chicago and Dallas are tied for the third position, with 12 each.

Source: Crain’s New York Business

Brian Trumbore

BUYandHOLD does not recommend any securities. The securities mentioned above are being used for illustrative purposes only and should not be regarded as an offer to sell or as a solicitation of an offer to buy.

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