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

Sunday, April 20, 2014

LIA Economic Reports


The US economy showed some signs of strength in the past month. Labor market conditions improved, albeit at a modest pace. READ MORE


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


The US economy showed some mixed results in December 2013. While there was evidence of weakness in the labor market, this may be attributed to severe weather effects. READ MORE


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