[SeekAndFind]

Many of these cities grew as industrial hubs because of their locations on these routes and/or their proximity to key resources used in steel-based manufacturing (iron ore and coal in particular).

With New York City's living expenses ( e.g. commercial and residential rents ) and taxes going through the roof and the increasing use of high speed internet connections, is there any reason why New York would still be the financial capital of the USA in the future ?

I am already beginning to see lots of financial firms move their operations to other states.

[Alberta's Child]

All good points, but there's something to keep in mind here.

New York City has thrived as an "entertainment capital" of sorts for the last two decades, and this actually provides incentives for major corporations to maintain offices there even if they move their headquarters and operations elsewhere. Someone in a major U.S. corporation told me that this remains the case simply because so many of their top executives (including ones from foreign offices) attach a certain status to hosting meetings and events in New York City.

Heck, I think even NASCAR has an office in Midtown Manhattan.

[ilovesarah2012]

Look at Charlotte.

[lentulusgracchus]

....is there any reason why New York would still be the financial capital of the USA in the future ? I am already beginning to see lots of financial firms move their operations to other states.

Or countries.

The office towers going up on the Jersey side of the Hudson should be a huge clue-by-four to the City leadership wrangling and wangling and letting Moslems interfere in redevelopment of the World Trade Center, that they'd better get off their butts and do something about their situation.

Nobody wanted to rebuild the WTC towers because they supposedly had so many occupancy problems in the first place, but the people saying that stuff, can't explain why New York firms are building high-rise office space over in Jersey.