News

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

Saturday, December 20, 2014

Economic Development Updates

12/02/2014


The US economy continues to demonstrate moderate growth in the midst of the all-important holiday shopping season. READ MORE

11/01/2014


The US economy continues to grow. Third quarter GDP increased by 3.5 percent, exceeding expectations. READ MORE

10/01/2014


The economy has shown continued signs of strength in the labor market and consumer spending. Jobless claims have remained below 300,000, consistent with a growing labor market. Consumer spending has been robust, with retail sales growing by 0.6 percent in August. READ MORE

8/01/2014


Recent economic news has been encouraging. Second quarter GDP grew by 4 percent, well in excess of expectations. Despite this growth, inflation has ticked up only slightly to 2.1 percent. READ MORE

7/03/2014


"Today's news of very strong jobs growth in June and a decline in the unemployment rate is further evidence that the economy is back on track READ MORE

6/27/2014


Gillibrand, Bishop Push Bipartisan Legislation to Help Launch Innovative Small Businesses, Turn Researchers into Entrepreneurs, Translate Discoveries into Marketable Products, Create High-Tech Jobs on Long Island READ MORE