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Newark ranks third largest among the insurance centers of United States. Newark is the home of the major airport named "Newark Liberty International Airport", which first serve the New York Metropolitan Area. Port Newark is located near the Atlantic Ocean on Newark Bay, which is now a major container shipping port for New York Harbor. Some important factors like highways, rail routes and airport have increased the importance of Newark as major distribution, wholesale and retail trade center. Newark is the largest city located in the state of New Jersey.
Transportation, manufacturing and telecommunication form the major part of the economy of the city of Newark.
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