New York City
New York City
Comunity Hub
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Economic and Financial History

This timeline covers the economic and financial milestones that have made New York City a global financial hub.
Early Financial Institutions
1790s
The first stock exchange, the New York Stock Exchange (NYSE), was established under the Buttonwood Agreement in 1792.
Industrial and Commercial Growth
1850s
The city saw significant growth in industries such as publishing (John Wiley & Sons), sewing machines (Singer & Co.), and finance.
Wall Street Boom
1920s
The Roaring Twenties saw a significant boom in the stock market, leading to the Wall Street Crash of 1929.
Global Financial Hub
1950s-1980s
New York City solidified its position as a global financial hub, with the NYSE and Nasdaq becoming the world's largest stock exchanges by market capitalization.
Financial and Technological Advancements
Present Day
The city continues to be a leader in finance, technology, and innovation, with a gross metropolitan product of over $2.16 trillion.