Tag: Economy

In promoting his twin panaceas for the upstate economy—casino gambling and tax-free zones on college and university campuses—Governor Andrew Cuomo hasn’t minced words about the region’s mediocre economic performance. “We’re on the third generation of people giving the speech and writing the story” of upstate’s decline, he said at one recent news conference. Read More

Private sector employment in New York increased by 1.7 percent during the 12 months ending in August, a period in which the number of private jobs in the U.S. as a whole grew by 2 percent, according to the latest monthly report from the state Labor Department. Read More

The latest economic data for New York continues to relate a tale of two states. Private sector employment growth in New York as a whole slightly trailed the national average on a year-to-year basis, but was much stronger in the New York City metropolitan area. The 52-county upstate region grew at just half the national rate from April 2012 to April 2013, according totoday’s monthly jobs release from the state Labor Department. Read More