Elizabeth Lynam, Citizens Budget Commission Deputy Research Director, said, “I think it’s important to understand that there are problems with small businesses in New York State.”
For New York business analysts and policy experts, stories of the state’s business climate have become gospel over the years – with little hard data to back them up. Until now.
J. Scott Moody, Empire Center for NYS Economist, said, “You can go all the way down to 1,000 of industries, and look at a regional, or county-wide basis.”
The Empire Center for Public Policy, creating a new website – EnterprisingNY.com – full of data gleaned from business survey organizations, providing insight into job trends between 1993 – coming out of an economic dip – and 2007 – before the economy crashed.
Empire Center for NYS Policy Executive Director, E. J. McMahon, said, “New York has been relatively weak in nurturing new business startups. It’s relatively weak in the presence of small firms and they’re growth in terms of employment.”
For those 15 years – New York saw 1.7 percent job growth. Good news – until you realize only seven states did worse…
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