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Buffalo Business Report - Wednesday, August 22nd 2012



Unemployment for the Western New York region increased in July to 9%, up from 8.1% in June. The state Labor Department notes it's the highest July unemployment percentage since 1990.

Better news comes from north of the border. Statistics Canada reports there were 1.9 million overnight trips to the U.S. in June, the highest number since 1972. Canadian travelers were lured here by higher duty-free exemptions for shoppers.

The Travel Team, Incorporated has launched a mobile app for iPhone and Android devices called INTERPRETRAVEL. The app has a variety of language offerings through a live telephonic interpreter.

M&T Bank Corporation has declared a quarterly cash dividend of seventy cents per share of common stock.

The Niagara Wine Trail reports four of its wineries captured a total of 23 medals at the recent New York Wine & Food Classic. For a full rundown, follow this link.


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