News

Issues and events that shape Long Island's economic and legislative landscape.

Tuesday, October 21, 2014

Economic Development Updates

3/10/2014


investment choice in small and medium-sized enterprises. READ MORE

3/04/2014


Evidence of slower growth in the US economy emerged during the past month. Most notably, 4th quarter 2013 GDP was revised downward from 3.2 percent to 2.4 percent. READ MORE

1/21/2014


"The Governor''s budget includes a lot of good news for Long Island and the Long Island Association looks forward to working with him, READ MORE

1/08/2014


The Governor's tax relief proposals will benefit families and businesses on Long Island and throughout the state. READ MORE

1/07/2014


With a re-election campaign looming, Gov. Andrew M. Cuomo proposed a range of business and tax breaks, including a two-year property tax freeze for homeowners in municipalities that abide by the state's 2 percent property tax cap and take steps to share or consolidate services. READ MORE

1/07/2014


The Senate''s confirmation of Janet Yellen as Chairwoman of the Federal Reserve bodes well for a smooth transition at the Fed and continued pro-employment, pro-growth stimulus. Any tapering under Yellen''s watch is likely to be measured and gradual so as not to threaten further growth. READ MORE

1/06/2014


The US economy continued to show improvement. The unemployment rate fell to 7.0% in November, while retail sales grew at a robust pace of 0.7%. Consumer confidence is up, and optimism about the job market is at a 5-year high. READ MORE

1/02/2014


Although the latest jobless claims numbers were down overall, seven states -- including New York-- reported increases of more than 1,000 jobless claims. READ MORE