News

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

Tuesday, July 29, 2014

LIA Economic Reports

7/01/2014


PREPARED BY DR. JOHN A. RIZZO, LIA CHIEF ECONOMIST READ MORE

6/03/2014


The first quarter of 2014 was a challenging one for the US economy. The GDP fell by 1 percent, well below expectations. First quarter productivity was down by 1.7 percent while unit labor costs increased by 4.2 percent. READ MORE

5/2014


The labor market picture has continued to improve, with steady jobs growth in March and substantial upward revisions in January and February jobs estimates. READ MORE

4/02/2014


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

2/04/2014


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