News

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

Thursday, November 27, 2014

LIA Economic Reports

11/01/2014


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

10/24/2014


The Economic Development & Infrastructure Committee and Health, Education & Not-For-Profit Committee released a new report on the Economic Impact of the Child Care Industry on Long Island. 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

9/01/2014


Recent economic news has been largely favorable although slow wage increases and jobs growth in lower paying sectors have been persistent challenges throughout the economic recovery. 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

7/01/2014


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