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Tag: Economy
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If GE and IBM have some truly great and promising ideas for next-generation semiconductor materials, why do they need a New York taxpayer subsidy to develop them? Ira Stoll has provided some answers in a must-read column. Read More
Economic growth among upstate cities is projected to lag behind most of the country through 2020, a new study from the U.S. Conference of Mayors shows. Read More
Gov. Cuomo’s ads trumpet the claim that “New York is open for business.” They also say New York “is ranked No. 2 in the nation in new, private-sector job creation.” A closer looks tells a different story. According to the latest state data from the Bureau of Economic Analysis, last year New York’s economic growth ranked 46 out of 50 states. At 0.7 percent, it amounted to less than half the national average. Read More
The 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. Read More