Economic Development

  • Left Behind: Missing from the Labor Market in New York State - A reader of this blog recently wrote, "We know that labor force participation rates across the country have declined noticeably for a number of years, and many economists have warned of the troubling implications of this.  Such rates across Upstate NY have declined as well, and in most cases are significantly below the national average
  • President Trump to Upstate Residents: Move to Wisconsin - Recently, in an interview with the Wall Street Journal, President Trump suggested that upstate New York residents should leave the state for Wisconsin, where a new Foxconn LCD display panel manufacturing plant will be located, creating at least 3,000 jobs.  President Trump said, "I said, you know, Gary, you go to
  • The Income Gap between Men and Women: 2015 vs. 1970 - Since 1970,  inflation adjusted wage income growth has been almost nonexistent - only five percent over the 45 year period ending in 2015.  Income change in metropolitan areas in New York State has differed little from the nation.  Rochester and Buffalo were two exceptions - both had lower median real wage
  • Education, Age and Declines in Real Income Since 1970 - The economic malaise that has affected small and medium sized rust belt cities since 2000 has been widely noted.  Most have seen little or no real household income growth since then.  Much of the weak performance has been associated with the long-term decline of manufacturing employment in the region –
  • Response to Lost Manufacturing Jobs – The Effects of Imports and Increased Productivity - I’d like to thank Kay Wilkie, who serves on the United States Trade Representative’s Intergovernmental Policy Advisory Committee for offering useful comments concerning my post, “Lost Manufacturing Jobs – The Effects of Imports and Increased Productivity”  Kay points out that “It would be worthwhile to carefully examine and review the aspects
  • Lost Manufacturing Jobs – The Effects of Imports and Increased Productivity - The decline in manufacturing employment in the United States has caused a wrenching economic adjustment, as one path to relatively well paying jobs has narrowed, particularly for workers without college educations.  As the percentage of workers in our society who work in manufacturing industries decreases, and lower paying service employment
  • As Private Sector Employee Incomes Stagnate, Local Government Workers Prosper - The slow growth of worker incomes since 2000 has been the subject of intense policy and political debates.  One of the clear messages of the 2012 Presidential campaign was the call to remedy perceived distortions in world trade that have disadvantaged American workers, particularly those had in the past held
  • Economic Stagnation and Electoral Discontent in the Rust Belt - Readers of this blog know that I have been describing changes in employment in New York State and the rust belt associated with the loss of manufacturing employment in the nation.  The loss of 5,500,000 manufacturing jobs since 1970 has slowed employment growth in the region as a whole.  As
  • The Decline of Manufacturing in New York and the Rust Belt - In a recent post I looked at employment changes in New York’s metropolitan areas and compared their performance with other metropolitan areas in the rust belt.  I found that change was inconsistent between cities in each state, and over different time periods.  I argued that industry mix probably was the
  • Government Policies and Job Growth in New York State and the Rust Belt - A recent Washington Post article, “As senator, Clinton promised 200,000 jobs in Upstate New York. Her efforts fell flat.”[1] points out that during Senator Clinton’s tenure between 2001 and 2009, Upstate New York saw job growth of only 0.2%, far from what Clinton claimed could be achieved.  While the article
  • Syracuse’s Empty Film Hub - The New York Times carried an article, “Cuomo’s $15 Million High-Tech Film Studio? It’s a Flop,”[1] on August 22nd.  The article points out that the Central New York Hub for Emerging Nano Industries, owned by the Fort Schuyler Management Corporation (FSMC), a non-profit subsidiary of the SUNY Research Foundation, is
  • Rex Smith’s Albany Times-Union Column, “Development Dollars Draw on Politics” - The Albany Times-Union carried a column by its Editor, Rex Smith on August 6th, concerning decision making by NewYork's Regional Economic Development Councils, questioning whether their efforts are directed at areas of the state with greatest need.  His column may be found here.  The column draws on research that I recently
  • New York’s Ineffective Business Tax Incentives - In 1987, New York State enacted legislation to create an Economic Development Zones Program, modelled after the enterprise zones concept, championed by Congressman Jack Kemp.  Proponents argued that by reducing taxes in specific geographic areas with high concentrations of poverty and unemployment, existing firms would be more likely to create
  • SolarCity: The Risk Embedded in Buffalo’s Billion - .pdf version here: Note: This post is also published on The Empire Center website. The decision by the nation’s largest solar panel provider to locate a state-of-the-art manufacturing plant in Buffalo, and to create other jobs in Western New York, could be a needed shot in the arm for a
  • The Minimum Wage Debate – Part II - The Albany Times Union carried an article on March 24 detailing the connections between researchers who produced the reports for and against a minimum wage increase that I discussed in my post "A $15 Minimum Wage for New York - Benefits and Risks."  The article points out that one of
  • A $15 Minimum Wage for New York: Benefits and Risks - Recently, a friend and colleague from the time when I worked at Empire State Development suggested that I take a look at Governor Cuomo’s proposal to raise New York’s minimum wage to $15 from $9.00.  Like others, I’m sure that he wanted to cut through the competing claims about the

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