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== Economy == [[File:New Haven from above, 2009-12-10.jpg|thumb|right|The Port of New Haven]] [[File:Connecticut - New Haven - NARA - 23936517 (cropped).jpg|thumb|right|Port in the 1930s]] New Haven's economy originally was based in manufacturing, but the postwar period brought rapid [[deindustrialization|industrial decline]]; the entire Northeast was affected, and medium-sized cities with large working-class populations, like New Haven, were hit particularly hard. Simultaneously, the growth and expansion of [[Yale University]] further affected the economic shift. Today, over half (56%) of the city's economy is now made up of services, in particular education and health care; Yale is the city's largest employer, followed by [[Yale β New Haven Hospital]]. Other large employers include [[Southern Connecticut State University]], [[Assa Abloy]] lock manufacturing, the [[Knights of Columbus]] headquarters, Higher One, [[Alexion Pharmaceuticals]], Covidien and [[United Illuminating]].{{citation needed|date=February 2022}} Clothing stores [[Gant (retailer)|Gant]] and [[Ann Inc.|Ann Taylor]] were founded in the city. In 2017, New Haven was ranked by a [[Verizon Communications|Verizon]] study as one of the top 10 cities in America for launching tech startups, and top two in New England.<ref>{{cite web |url=https://yaledailynews.com/blog/2017/03/08/new-haven-named-top-city-for-tech-startups/ |title=New Haven named top city for tech startups |website=Yaledailynews.com |date=March 8, 2017 |access-date=April 7, 2021 |archive-date=February 13, 2018 |archive-url=https://web.archive.org/web/20180213022217/https://yaledailynews.com/blog/2017/03/08/new-haven-named-top-city-for-tech-startups/ |url-status=live }}</ref> '''Industry sectors''': Agriculture (.6%), Construction and Mining (4.9%), Manufacturing (2.9%), Transportation and Utilities (2.9%), Trade (21.7%), Finance and Real Estate (7.1%), Services (55.9%), Government (4.0%) === Headquarters === The [[Knights of Columbus]], the world's largest Catholic fraternal service organization and a [[Fortune 1000]] company, is headquartered in New Haven.<ref>{{cite news |url=https://money.cnn.com/magazines/fortune/fortune500/2008/snapshots/10207.html |work=CNN |access-date=May 20, 2010 |title=Fortune 500 2008: Knights of Columbus |archive-date=December 2, 2020 |archive-url=https://web.archive.org/web/20201202193742/https://money.cnn.com/magazines/fortune/fortune500/2008/snapshots/10207.html |url-status=live }}</ref> [[Amphenol]], based in Greater New Haven ([[Wallingford, Connecticut|Wallingford]]), is a Fortune 100 company.<ref>{{cite news |url=https://money.cnn.com/magazines/fortune/fortune500/2008/snapshots/5006.html |work=CNN |access-date=May 20, 2010 |title=Fortune 500 2008: Amphenol |archive-date=September 26, 2020 |archive-url=https://web.archive.org/web/20200926103043/https://money.cnn.com/magazines/fortune/fortune500/2008/snapshots/5006.html |url-status=live }}</ref> Eight Courant 100 companies are based in Greater New Haven, with four headquartered in New Haven proper.<ref>{{cite web |url=http://www.courant.com/business/hc-ct100-top-2004rank,0,7082408.htmlstory |title=Courant 100 Companies By Size |publisher=Courant.com |date=June 8, 2004 |access-date=September 28, 2011 |archive-url=https://web.archive.org/web/20110611202857/http://www.courant.com/business/hc-ct100-top-2004rank,0,7082408.htmlstory |archive-date=June 11, 2011 |url-status=dead }}</ref> New Haven-based companies traded on [[stock exchange]]s include [[NewAlliance Bank]], the second largest bank in Connecticut and fourth-largest in [[New England]] (NYSE: NAL), Higher One Holdings (NYSE: ONE), a financial services firm, [[United Illuminating]], the electricity distributor for southern Connecticut (NYSE: UIL), and Transpro Inc. (AMEX: TPR). The American division of [[Assa Abloy]] (one of the world's leading manufacturers of locks) is located in the city. The [[Southern New England Telephone Company]] (SNET) began operations in the city as the District Telephone Company of New Haven in 1878; the company remains headquartered in New Haven as a subsidiary of [[Frontier Communications]] and provides telephone service for all but two municipalities in Connecticut.<ref>AT&T SNET Fairfield County White Pages, Customer Service Guide page 14, "Local Toll-free Calling Areas", August 2006 edition</ref> [[SeeClickFix]] was founded and has been headquartered in the city since 2007. [[Peter Paul Candy Manufacturing Company]] (a candy-making division of the [[Hershey Company]]) was formerly located in the city. Achillion Pharmaceuticals and Alexion Pharmaceuticals were also formerly headquartered in New Haven.
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