The paper's print version has the largest circulation of any metropolitan newspaper in the United States, and the second-largest circulation overall, behind The Wall Street Journal. It is ranked 39th in the world by circulation. Following industry trends, its weekday circulation has fallen to fewer than one million daily since 1990. Nicknamed for years as "The Gray Lady", The New York Times is long regarded within the industry as a national "newspaper of record". It is owned by The New York Times Company.