economy

"people are nervous"
6:34 pm
Mon March 24, 2014

Poll: most NYers say they're not better off compared to a year ago

A new poll finds the majority of New Yorkers say they are not better off now than they were four years ago.  The sentiments do not seem to be hurting Governor Andrew Cuomo’s chances for reelection.

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Connecticut
12:49 pm
Wed January 15, 2014

NY Fed mostly positive on Conn. recovery

An economist with the Federal Reserve Bank of New York gave a mostly positive outlook for 2014 for Connecticut, despite the state's slow pace coming out of the recession.

Housing
12:46 pm
Thu January 2, 2014

Connecticut Plagued by a Soaring Foreclosure Rate

Stratford resident Holly House attends a clinic to prevent foreclosure sponsored by fair housing advocates in Bridgeport, Conn. last month.
Credit Kaomi Goetz

Last month, foreclosure filings sunk to the lowest number since the housing crisis began eight years ago. Home prices are up nationwide. But the recovery isn’t being felt everywhere. In fact, in some states like Connecticut, foreclosures are soaring.   

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116,000 New Yorkers furloughed
6:45 pm
Tue October 1, 2013

Government shutdown impact on NYS

New York State Comptroller Thomas DiNapoli
Credit AP file photo/Mike Groll

 

 New York State Comptroller Tom DiNapoli is warning that a prolonged government shut down could depress the state’s already struggling economy. 

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Labor numbers
6:47 pm
Thu September 19, 2013

Labor numbers show some gains, some losses in Conn. and Long Island

The Connecticut Labor Department says the state’s unemployment rate in August remained unchanged from July at 8.1 percent. The report shows a loss of 6,000 jobs, but the Labor Department says that's because of a miscalculation last month in their seasonal adjustment of the labor numbers.  Long Island’s private sector lost 600 jobs in August compared to July. But the New York Department of Labor says that’s an improvement in the long-term. Over the prior 10 Augusts, the losses averaged 3,000.

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