Stax Inc. has recently released a study assessing the impact of Israeli businesses on the economy of New York State. The findings will be utilized by the New York - Israel Business Alliance to promote greater collaboration and partnership between the two states. This recent study follows several similar engagements Stax conducted over the years seeking to measure the economic impact of Israeli companies on other states such as Massachusetts and New Jersey.
Israeli-founded companies in New York State generated $18.6 billion in revenue last year and directly employed 24,850 New Yorkers. Read the full press release and report here.