screen-shot-2014-06-23-at-1-21-47-pm-150x150-9205754The growth prospects for New York’s metropolitan areas between 2013 and 2020 range from dismal upstate to mediocre downstate, according to a study issued by the U.S. Conference of Mayors.

As shown in the following chart from today’s Wall Street Journal (subscription required) report on the study, five upstate New York metro areas were among the 10 areas nationwide with the lowest projected growth rates over the seven-year period featured in an economic analysis conducted for the Conference of Mayors by the economic consulting group IHS Global Insights. Binghamton and Utica-Rome, consistently among the state’s slowest-growing areas in recent years, were at the very bottom.


The New York City metro area, including Long Island and northern New Jersey, had the strongest outlook of any area in New York State, with a projected average annual growth rate of 2.4 percent. But that was below the median growth projection of 2.6 percent, good enough for a ranking of only 240 230 out of 363 large metro areas in the study. Next best in New York was Poughkeepsie-Newburgh-Middletown, ranked 292 with a projected growth of 2.1 percent.

The Albany-Schenectady-Troy area has a projected growth rate of 1.8 percent, ranking at 338, despite a massive public investment in high-tech manufacturing and research. Rochester (1.7 percent), Syracuse (1.7 percent), Ithaca (1.6 percent), Glens Falls (1.5 percent) also were well within the lowest-ranking 10 percent of metro areas on the list.

The top spots on the ranking of future growth were dominated by metro areas in Texas, Utah, Florida and other Sunbelt states. But the weakness of New York regions can’t simply be chalked up to climate; for example, Indiana, Michigan, Minnesota, Wisconsin all have at least some metro areas with projected growth rates above the national median, including a few in the top 100.


About the Author

E.J. McMahon

Edmund J. McMahon is Empire Center's founder and a senior fellow.

Read more by E.J. McMahon

You may also like

At mid-year, NY still far below most states in pandemic jobs recovery

New York has added private-sector jobs in all but three of the 38 months since the COVID-19 outbreak of March 2020—but the Empire State remains below its pre-pandemic employment level and continues to trail the national recovery. On a seasonally adju Read More

At end of ’22, NY still near bottom in pandemic recovery

The more time passes since the spring 2020 Covid-19 outbreak, the more New York stands out among all states for the weakness of its post-pandemic employment recovery. As of December, seasonally adjusted private employment in New York was still nearly 2 Read More

As leaves turn, NY’s post-pandemic recovery still has very far to go

New York was the national epicenter of the pandemic, and Governor Cuomo's "New York State on PAUSE" business shutdowns and other restrictions led, in short order, to the loss of nearly 2 million jobs in the first full month after the infection began spreading in the New York City area. Read More

More NY job gains in August—but employment needs to rise a lot further

New York's jobs report for August looked relatively strong—but only by comparison, that is, with what was generally regarded as a disappointing national number. On a seasonally adjusted basis, New York gained 28,000 private-sector jobs last month—a growth rate of 0.4 percent, according to preliminary monthly estimates from the state Labor Department. Read More

NY Post-Pandemic Employment Tide Stopped Rising At Year’s End

New York's post-pandemic employment recovery came to a halt and moved into reverse in December, according to the state's for the final month of COVID-wracked 2020. Private payroll employment in December was 966,000 jobs below the level of the previous Read More

Fewer Workers, Not More Jobs, Explains NY’s September Unemployment Rate Drop

New York State's unemployment rate has fallen sharply since the economically devastating pandemic lockdown last spring. But as state Comptroller Thomas DiNapoli points out in  his latest economic report, the jobless rate doesn't tell the whole story. Read More

It’s Official: New York State’s Second Quarter Economic Crash Was the Worst on Record

Further evidence of the massive damage done to New York’s economy by the coronavirus pandemic shutdown has emerged in the latest gross domestic product (GDP) data from the federal Commerce Department's Bureau of Economic Affairs. Read More

Sluggish Reopening: NY’s Private Job Count Down 1.1 Million From Pre-Pandemic Level

Six months into the novel coronavirus pandemic, New York State's private-sector employment recovery was the slowest in the 48 contiguous states—and getting slower. Read More