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Israeli Companies Boosted New York Economy by $30 Billion in 2018
(Jerusalem Post) Eytan Halon - Israeli-founded companies operating in New York directly contributed $18.6 billion in revenue in 2018, a new study by the New York-Israel Business Alliance has revealed. The economic benefit by 506 Israeli companies surges to $33.8 billion, when including spending on local goods and services. The companies directly employ 24,850 New York residents and indirectly employed a further 27,502 based on additional demand for locally-sourced goods and services.