Text Us: #30930
Phone: (800) 616 WBEN
Business: (716) 843-0600
A   A   A

NYS- Slow Economy



ALBANY, N.Y. (AP) - New York's legislative session has been highlighted by flashy proposals to strengthen abortion rights, expand casinos and publicly finance campaigns, among others.

But overshadowed by the flurry of rallies and public speeches, grave news also recently surfaced.
A federal report shows New York's economy grew at a slower pace than the national rate in 2012.
State Comptroller Thomas DiNapoli's own reports have shown much the same.

Last week, Armonk-based IBM Corp. announced layoffs of an undisclosed number of workers.
Now, Texas Gov. Rick Perry is running radio ads trying to poach New York jobs.

The fiscal data contrast the public face of Albany that includes the "New York Open for Business" TV commercials featuring busy, happy workers in bustling, high-tech companies.
 
The legislative session is scheduled to end next week

Filed Under :  
Topics : Business_Finance
Social :
Locations : AlbanyArmonkNew YorkNysTexas
People : Rick PerryThomas DiNapoli
Poll
Do You Visit the Broadway Market Anymore?
  Every Few Months or More
  Once A Year
  Far Less than That
 
View Results