The Business Council’s Vice President of Government Affairs recapped the end of the legislative session in Albany earlier this week on WCNY’s Capitol Pressroom with Susan Arbetter.
Among the many topics covered were how business fared this session, brownfield redevelopment, tax cuts, jobs, and the economy.
Listen to the interview on WCNY’s website (interview starts at the 37:44 mark).
The Middletown Times Herald-Record reports that an 300 people took part in a rally in support of the casino referendum yesterday. Several casino supporters at the event told the newspaper they believe the referendum is nothing less than a vote on the economic future of the county.
The NYS Division of Tourism recently announced two workshops on heritage tourism and adventure travel. Taking place on November 19, 2013 in Albany, the sessions will focus on attracting heritage visitors and marketing outdoor adventure to travelers.
The Outdoors Workshop
This practical “how to” workshop will present:
– An overview of the growing adventure travel market and trends
– How to develop itineraries and programs that deliver visitors
– How to market to these consumers
This program is presented in conjunction with the Adventure Travel Trade Association.
The Heritage Tourism Workshop
This workshop is designed to help tourism promoters and historic site representatives build new partnerships to capitalize on the growing trend of historic tourism. The session will include:
– A look at successful heritage tourism programs from across the country
– Insights into the latest strategies to attract visitors
– How to collaborate to enhance and promote heritage destinations
Presenters are Carolyn Brackett and Amy Webb, heritage tourism specialists with the National Trust for Historic Preservation.
For more information on these sessions, contact Gavin Landry at Empire State Development.
Cornell University President David J. Skorton’s op-ed in the Press & Sun Bulletin highlights how New York can benefit from immigration reform to fuel economic growth, especially in the tech sector. He calls on The U.S. House of Representatives to pass the comprehensive immigration bill that the U.S. Senate passed on June 27 in addition to outlining how international graduates of American universities, especially those in STEM fields (science, technology, engineering and mathematics), create jobs for Americans.
The Business Council of New York State supports immigration reform to meet the needs of citizens and businesses and improve economic competitiveness. The Business Council recently signed on to a multi-industry letter that was sent to The U.S. House of Representatives encouraging Congress to bring meaningful reforms to the nation’s immigration system.
Watch live at noon today as Gannett New Service Bureau Chief Joe Spector interviews The Business Council of New York State President and CEO, Heather C. Briccetti, Esq. on rebuilding New York’s economy.
Watch the interview here at noon.
Gannett New Service will provide a live stream on their Gannett New York web channel that provides live coverage of Albany and business at the Capital.
E.J. McMahon’s latest NY Torch blog post reports that New York has led the nation in public and private sector layoffs this year. Research done by the Manhattan-based Stuyvesant Square Consultancy for The Empire Center, shows this as well as a report by Challenger, Gray & Christmas, Inc.
New York employers announced 59,207 layoffs through July of this year.
Read more from McMahon on the NY Torch website.
In an op-ed published yesterday in Forbes Magazine, contributor Carl Schramm outlines seven steps New York can take to grow its economy. The piece, prepared for the Empire Center in conjunction with its conference, “Saving Jobs in Upstate New York,” says that although everyone wants an economically strong state, more needs to be done to achieve that goal.
Schramm provides an in-depth historical review of how New York got to where it is today and outlines various scenarios. He provides an ambitious plan that includes: eliminating estate taxes; reducing state spending; improving universities to produce cutting-edge research; providing incentives for scholars to come back to, or remain, affiliated with universities in the state; attracting highly educated immigrants with specialized training; providing students with the skills they need to compete in the global marketplace; and creating a sense of pride in being a “New Yorker.”
Read the full op-ed on Forbes website.
CNBC released its ranking of Top States for Business. New York ranked 35th while South Dakota took the number one spot. States were compared based on competitiveness; receiving points for how frequently ranking categories were mentioned in state economic development marketing materials. So unlike other studies, this one ranks states on the criteria they use to sell themselves instead of the current economic climate.
New York category rankings (compared to other states):
Cost of Doing Business: 49
Quality of Life: 22
Technology and Innovation: 1
Business Friendliness: 30
Cost of Living: 47
Access to Capital: 3
Read the full list of rankings on the CNBC website.
G. Scott Thomas of Buffalo Business First is a terrific collector of facts, many of which shed light on the state’s economy and the people who live in Western New York. Today, he posted a report on which WNY community has the largest percentage of adults (25 or older) who’ve earned a high school diploma. Click here to find the very interesting answers.
The Bureau of Economic Analysis is reporting that New York’s economy grew by 1.3 percent last year, “trailing the 2.5 percent growth in gross domestic product for the nation as a whole,” wrote Brian Tumulty, reporter for Gannett. By another comparison, Texas posted a 4.8 percent increase in economic activity.
Click here for more details.