New York has no impact on the economy.
New York . The state of New York , with an estimated 19.8 million residents in 2015 , is also referred to as New York State to distinguish it from New York City , the state 's most populous city and its economic hub . New York City . A global power city , New York City exerts a significant impact upon commerce , finance , media , art , fashion , research , technology , education , and entertainment , its fast pace defining the term New York minute .