NEW YORK
New York City has been described as the cultural, financial, and media capital of the world, significantly influencing commerce, entertainment, research, technology, education, politics, tourism, art, fashion, and sports. Tourism is a vital industry for New York City, which has witnessed a growing combined volume of international and domestic tourists, receiving an eighth consecutive annual record of approximately 62.8 million visitors in 2017. Tourism had generated an all-time high $61.3 billion in overall economic impact for New York City in 2014, 2015. New York City's most important economic sector lies in its role as the headquarters for the U.S. financial industry, metonymously known as Wall Street.