Choose a CPA firm in Buffalo, New York from our list.Buffalo has suffered from a steady population decline that started in the 1950s. Once the 15th largest city in the nation, the population has dropped to about 260,000 making it the 70th largest city in the US. Despite this, Buffalo continues to look for opportunities to encourage economic development and growth.
Banking is a major industry in Buffalo. M&T Bank and First Niagara Bank are headquartered in Buffalo. Other banks including Bank of America, KeyBank and HSBC Bank USA have corporate office or major operations in Buffalo.
Buffalo works to capitalize on its strengths of location and natural resources. Located near the US and Canadian border, Buffalo has created opportunities for foreign trade. Unfortunately, the Sept. 11, 2001 terrorist attacks resulted in legislation that makes it difficult for companies with foreign headquarters to establish US branches.
Life science research and education also plays an important role in Buffalo. University at Buffalo and Roswell Park Cancer Institute produce important human genome research.
Top employers in the area include the State of New York and the University at Buffalo.
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