Capitalize Albany is getting ready to roll out a new project that has big implications for Downtown.
On Tuesday at Ten Eyck Plaza, Capitalize Albany will unveil its Impact Downtown Albany revitalization strategy - a twelve month public/private collaboration. Sarah Reginelli, Director Economic Development of Capitalize Albany, says there are currently about two dozen corporate contributors.
Thirty years ago, China seemed hopelessly mired in poverty, Mexico triggered the Third World Debt Crisis, and Brazil suffered under hyperinflation. Since then, these and other developing countries have turned themselves around, while First World nations, battered by crises, depend more than ever on sustained growth in emerging markets.
Alan Blinder is an esteemed Princeton professor, Wall Street Journal columnist, and former vice chairman of the Federal Reserve Board. He has written a major new book on this nation’s most recent financial crisis.
A new report predicts continued sluggish economic growth in New England and cautions that most states in the region will not return to pre-recession employment levels until 2015.
The four-year forecast released Wednesday by the New England Economic Partnership says Massachusetts, New Hampshire and Vermont will have the strongest economies in the six-state region, while Rhode Island will continue to experience the highest unemployment.
The economists said Maine and Connecticut will also struggle to reach pre-recession jobs levels before the end of 2016.