GDP, 2025$2.47T#3 of 51 · 8.0% of US
Real GDP growth, 2025+2.5%#15 of 51 · US +2.3%
Income per person, 2025$91,504#4 of 51 · US $77,028
Unemployment, September 20264.3%#36 of 51 · #1 = lowest
Current dollarsReal, 2017 dollars
BEA, GDP by state (SAGDP1). 2025 is the latest annual estimate.
Industries, 2025
Value added by industry and its share of the state economy; rank among 51 by share.
| Industry | Value added | Share | vs US share | Rank | ||
|---|---|---|---|---|---|---|
| Real estate | $351.8B | 14.3% | +0.5 pp | 14 | ||
| Government | $235.9B | 9.6% | −1.5 pp | 39 | ||
| Manufacturing | $84.8B | 3.4% | −6.1 pp | 47 | ||
| Finance & insurance | $521.1B | 21.1% | +12.4 pp | 2 | ||
| Professional services | $212.9B | 8.6% | +0.6 pp | 9 | ||
| Health care | $183.2B | 7.4% | −0.1 pp | 32 | ||
| Wholesale trade | $100.3B | 4.1% | −2.3 pp | 45 | ||
| Retail trade | $106.2B | 4.3% | −1.6 pp | 48 | ||
| Information | $204.1B | 8.3% | +2.6 pp | 3 | ||
| Construction | $68.3B | 2.8% | −1.6 pp | 50 | ||
| Transportation & warehousing | $67.3B | 2.7% | −0.5 pp | 35 | ||
| Accommodation & food | $67.5B | 2.7% | −0.4 pp | 39 | ||
| Administrative & waste services | $64.0B | 2.6% | −0.4 pp | 40 | ||
| Other services | $42.5B | 1.7% | −0.3 pp | 48 | ||
| Management of companies | $36.8B | 1.5% | −0.3 pp | 28 | ||
| Utilities | $33.3B | 1.4% | −0.3 pp | 46 | ||
| Mining, oil & gas | $1.2B | 0.0% | −1.2 pp | 48 | ||
| Education | $47.9B | 1.9% | +0.8 pp | 8 | ||
| Arts & recreation | $33.0B | 1.3% | +0.3 pp | 5 | ||
| Agriculture | $3.5B | 0.1% | −0.7 pp | 47 |
BLS, Local Area Unemployment Statistics. Latest month: September 2026.
Metro areas in New York
Metro areas with at least one county in the state; multi-state metros are shown in full. Sums of BEA county estimates, 2024.
| Metro area | Population | GDP | Income per person | Unemployment | |
|---|---|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ | 19,940,274 | $2.44T | $94,460 | 4.8% | |
| Buffalo-Cheektowaga, NY | 1,160,172 | $94.7B | $63,794 | 4.1% | |
| Rochester, NY | 1,057,218 | $84.1B | $65,468 | 3.7% | |
| Albany-Schenectady-Troy, NY | 913,485 | $91.9B | $76,559 | 3.4% | |
| Kiryas Joel-Poughkeepsie-Newburgh, NY | 711,730 | $48.1B | $68,227 | 3.6% | |
| Syracuse, NY | 655,189 | $54.8B | $63,881 | 3.7% | |
| Utica-Rome, NY | 287,932 | $17.0B | $57,634 | 3.9% | |
| Binghamton, NY | 243,971 | $14.2B | $55,821 | 4.1% | |
| Kingston, NY | 182,977 | $10.5B | $69,090 | 3.6% | |
| Glens Falls, NY | 125,127 | $9.4B | $62,398 | 3.6% | |
| Watertown-Fort Drum, NY | 113,140 | $8.3B | $58,149 | 4.5% | |
| Ithaca, NY | 105,602 | $8.0B | $56,489 | 3.5% | |
| Elmira, NY | 81,115 | $4.8B | $56,156 | 3.9% |