Tagged: economy

The City of Elmira is just seven miles from the Pennsylvania border. And for four years, the natural gas boom in Pennsylvania’s Northern Tier crossed over the border and boosted Elmira’s economy. But that boom has slowed down.

About 200 community members turned up in a school auditorium in Watertown Thursday night in a showing of regional support for Fort Drum. The event was billed as a “listening session” for the Army, to inform a process of personnel cutbacks and reorganization currently affecting military installations around the country.  

Central New York's congressman has marked his first 100 days back in office by laying out a blueprint for jobs and the economy.

Gov. Andrew Cuomo laid out an ambitious agenda around economic growth, innovation and clean energy in his proposed 2013-2014 Executive Budget.

New York state is poised to become one of the nation's leading economic beneficiaries of a burgeoning domestic drone industry, according to a new report from an industry trade group.

The New York State Assembly voted to raise the state’s minimum wage to $9 an hour, but the measure is stalled in the state Senate.

The federal government's across-the-board spending cuts known as the sequester are set to kick in Friday, barring an agreement between Congress and the president. That means a big impact for defense spending, including for Fort Drum, an important regional economic driver.  

Many 16-year-olds might dream about starting their own business. But it takes a special kind of teenager to turn an operation launched in his parents' basement into a six-figure profit earner in just four years. After succeeding wildly with his web development and design company, North Shore Solutions, Clarkson University junior Matthew Turcotte, now age 20, is embarking on his second venture: commercial real estate.

While there were many issues President Barack Obama talked about during last night’s State of the Union address, two in particular, the economy and gun control, were of interest of members of Congress representing upstate New York.

Sen. Kirsten Gillibrand has introduced a bill intended to boost high-tech manufacturing. The Democrat from New York visited the Harper International company outside Buffalo to discuss the Made in America Manufacturing Act, which is her first bill to go before the new Congress.

Until recently, the only way to drive between Route 11 and Interstate 81 near Fort Drum was a two-lane road, Route 342. As the Army base grew, local businesses flocked there to serve the increasing traffic. But the state built an $87 million bypass to ease traffic and give military vehicles a direct route to Fort Drum’s main gate. I-781, as it’s known, opened last December. Local shop owners have had mixed reactions to the new road.