May 15, 2014
Statement from LIA Chief Economist on Jobless Claims and Manufacturing Activity
By: Dr. John Rizzo
Statement from LIA Chief Economist
"Today's news reveals dramatic declines in jobless claims nationally, and the most favorable outlook for general business conditions in the New York region in almost four years according to the Empire State index. This is convincing evidence that the economic recovery continues and that the sluggish economic performance during the first quarter of this year is behind us," said John Rizzo, LIA Chief Economist.