The recent announcement that Dick’s Sporting Goods will build a 650,000-square-foot distribution center in Binghamton has been cited by Gov. Andrew Cuomo as further evidence of an economic resurgence in the region.
“Five years ago, we had a 7.9 percent unemployment rate in the Southern Tier,” Cuomo said. “Today, 4.6 percent. The arrows are headed in the right direction.”
In fact, as shown in the state Labor Department’s household survey data, the unemployment rate dropped only because fewer residents of the region are available and looking for work. If the labor force were still at its 2010 level, the unemployment rate would be 13 percent.
For several years now, Governor Andrew Cuomo has been misusing employment statistics to back up claims that his policies have ignited an economic resurgence in upstate New York.
It happened yet again today, when the governor was in Binghamton to announce that Dick's Sporting Goods had decided to locate a 650,000 square foot distribution center in the Broome County Corporate Park.
Not everyone is happy with the DEC’s decision to deny the Constitution Pipeline water-quality permit. E. J. McMahon, president and founder of the Empire Center, said the decision will hurt the already struggling Southern Tier.
The $15-an-hour minimum wage proposed by Governor Andrew Cuomo has enormous potential implications for labor markets and employer costs in many New York business sectors, especially upstate.
There’s more than one way to frack a shale formation, and that could be very good news for New York’s economically stagnant Southern Tier — if, this time, Gov. Cuomo allows it.
Days after New York formalized its ban on high-volume hydraulic fracturing, a Tioga County business is looking to use a newer method to harvest natural gas from the Utica and Marcellus Shale formations.
The U.S. Environmental Protection Agency has just eliminated a substantial "scientific uncertainty" cited in support of New York State's ban on hydraulic fracturing, or fracking, of deep-underground natural gas deposits.
The Southern Tier has been among the most poorly performing regions of a weak upstate New York economy over the past four years. But you sure wouldn’t know it from listening to Howard Zemsky, the Buffalo developer recently named by Gov. Andrew Cuomo to chair the Empire State Development Corp.