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The U.S. economy: Goldilocks it’s not

Growth likely to pick in spring, but economy still not ‘just right’

The last few years the U.S. economy has been marked by barren first quarters following by blossoming growth in the spring. The same pattern is likely to reemerge this year,

NY lawmakers seal budget deal

Most investment in upstate NY in history, Cuomo says

By Greg Hudson Columbia-Greene Media

New York State lawmakers successfully passed the state’s $156 billion budget for the 2016-17 fiscal year Friday.

The state Senate voted 61-1 Friday morning to approve the budget,including a state income tax cut which will lower the tax rate to 5.5 percent – its lowest rate in 70 years – a provision that will provide 12 weeks of paid family leave,

Construction Employment Increases in 234 Out of 358 Metro Areas

AREAS BETWEEN FEBRUARY 2015 AND 2016 AS DEMAND FOR CONSTRUCTION CONTINUES TO GROW

Anaheim-Santa Ana-Irvine and Monroe, Mich. Top Growth List; Fort Worth-Arlington, Texas, and Bloomington, Ill. Have Largest Declines, Many Energy-Producing Metro Areas Experience Big Losses 

Construction employment increased in 234 out of 358 metro areas,

Canal system no liability

By TU Editorial Board

 Our opinion: Oversight of the state Canal Corp. has moved to the New York Power Authority. Although it runs a deficit, the canal system remains a valuable asset.

It’s a simple lesson in government economics – if you have an agency running a deficit and another racking up surpluses,

Lawsuits dismissed, $1B Glen Cove project to start

Two lawsuits aimed at preventing the start of a $1 billion mixed-use development in Glen Cove have been dismissed, paving the way for the project’s construction to begin.

A state Supreme Court judge on Thursday dismissed the lawsuits filed by a group of residents and the Village of Sea Cliff against the City of Glen Cove’s approvals of the Garvies Point project.

Albany International wins over $3 million in federal funding

Deteriorated passenger bridges at Albany airport to be replaced

By Jake Lahut

Albany International Airport will receive more than $3 million in federal funding to replace deteriorating passenger bridges that are used by 90 percent of its passengers to board aircraft.

Fed close to hitting job and inflation targets: Fischer

The Federal Reserve is close to hitting its targets for full employment and 2 percent inflation, the Fed’s No. 2 policymaker said on Sunday in comments that did not address when the U.S. central bank should next raise interest rates.

$2.5M lost: Uncollected Thruway tolls spike

 Joseph Spector, Albany Bureau Chief

ALBANY – Uncollected tolls on the New York State Thruway spiked at its 58 toll plazas over the past five years — even as the superhighway slowly shifts to a cashless toll system that critics fear will lead to more lost revenue.

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