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New York City is the most populous city in the United States, with about 8.8 million residents on the country's northeast coast near 41 degrees north latitude. It observes Eastern Standard Time at UTC-5 in winter and shifts to Eastern Daylight Time at UTC-4 during daylight saving, so local time runs five hours behind Coordinated Universal Time for part of the year and four hours behind for the rest. Situated in the Northern Hemisphere at a temperate latitude, the city has four distinct seasons with clear differences in daylight. Its seasonal clock change is shared across the eastern United States, and the Eastern band is a common reference for business across the Americas.