Almost from its beginnings New York has been known as the Empire State. Until recently it led all other states in population, and it is a leading state in wholesale trade, communication, and finance. Although New York's economy has generally been healthy, the state has experienced periods of slower economic growth than other parts of the country, of slowing or declining population growth, and of rising costs for social services and education.
Political leaders warn of the growing gap between rich and poor.
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