New York State Economic and Fiscal Outlook FY 2017

Picture for FY 2017 briefing book post

February 3, 2016. In its 26th annual New York State budget briefing book, the Fiscal Policy Institute analyzes and comments on Governor Andrew Cuomo’s FY 2017 Executive Budget. The Executive Budget advances some bold and progressive proposals that well reflect the values and needs of New Yorkers. In particular, the governor has shown great leadership and vision in forcefully advocating for a first-in-the nation statewide $15 minimum wage. If enacted, the minimum wage increase would lift the incomes of 3.2 million New Yorkers who desperately need a raise. The governor’s proposal to build a system... Read more

Living Wage and Minimum Wage Efforts

Pizza worker

July 30,  2015. Given the long-standing gap between the growth in wages and productivity that has eroded living standards for most workers and their families in New York and around the country, raising the wage floor has become an economic policy imperative. FPI has been at the forefront in efforts in New York State and New York City to raise wages for low-wage workers. FPI played an important role... Read more

Immigrant “Main Street” Business Owners Playing an Outsized Role

Philadelphia Italian Market

January 14, 2015. Immigrants are a little more likely to own businesses than their U.S.-born counterparts, but they are a lot more likely to own Main Street businesses such as grocery stores, restaurants, and barber shops, finds a new study released today by the Fiscal Policy Institute and Americas Society/Council of the Americas. Immigrants make up 16 percent of the labor force and 18 percent of... Read more