economic growth

New York Congressman Paul Tonko and members of the New York chapter of the U.S. Small Business Association gathered in Schenectady this week to announce an initiative to boost small business growth. 

File photo of Bombardier rail manufacturing plant in Plattsburgh
WAMC/Pat Bradley

Manufacturing activity in New York expanded at a slower pace this month but remains at a healthy level.

Office of Westchester County Executive Rob Astorino

In New York, the Westchester County executive Thursday unveiled a series of initiatives to promote economic growth.

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.

In Turnaround: Third World Lessons for First World Growth, economist Peter Blair Henry argues that the secret to emerging countries’ success (and ours) is discipline—sustained commitment to a pragmatic growth strategy.

    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.

After the Music Stopped: The Financial Crisis, the Response, and the Work Ahead is a comprehensive and coherent narrative of how the worst economic crisis in postwar American history happened, what the government did to fight it, and what we can do from here—mired as we still are in its wreckage.

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.