New York City is a top global destination for visitors drawn to its museums, entertainment, restaurants and commerce. The City is also host to conventions, trade shows and major athletic events, which draw millions of visitors from across the nation and around the world and support the tourism sector.

New York City is one of the world’s premier shopping destinations, topping “best of” lists and drawing visitors from across the globe. The retail sector is a vital part of the City’s economic and social landscape, with businesses ranging from corner grocery stores to renowned department stores in locations across the City, from neighborhood commercial areas to Manhattan’s major retail corridors.

New York City has a world-renowned arts, entertainment and recreation sector, featuring celebrated performance venues, museums and sports teams as well as innovative artists and centers of creativity. The City’s status as a cultural powerhouse provides unparalleled offerings to foster new and established artists, making the sector vital to the City’s economy. The sector includes workers in the performing arts, spectator sports, museums, historic sites, amusement parks and arcades industries.

From small, family-owned restaurants and food carts to four-star world-famous establishments, New York City abounds with restaurants that offer cuisines from every corner of the globe. The restaurant subsector part of the accommodation and food services sector includes food and alcoholic beverage service establishments.

New York City has the world’s largest office property market by area, accounting for one third of private employment in the City. This sector includes the information, financial and real estate, and professional and business services industries. Accounting for one third of all jobs and two thirds of economic output, the sector is an essential driver of the City’s economy.