The report accompanied the arrival of New York Governor Andrew Cuomo in Israel
Israeli-founded companies operating in New York directly contributed $18.6 billion in revenue in 2018, a new study by the independent New York – Israel Business Alliance has revealed.
The economic benefit to the state by 506 Israeli companies surges to $33.8b., when considering spend on local goods and services, representing approximately 2% of New York’s gross domestic product.
The publication of the report accompanied the arrival of New York Governor Andrew Cuomo in Israel on Thursday, seeking opportunities with Israeli businesses that can strengthen the state’s economic development agenda.
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