New York State Economic and Fiscal Outlook 2015-2016

2015-2016 briefing book post

February 10, 2015. In its 25th annual New York State briefing book, the Fiscal Policy Institute analyzes and comments on Governor Andrew Cuomo’s 2015-2016 Executive Budget. Governor Andrew Cuomo’s Executive Budget proposal takes some positive steps forward in clearly acknowledging, for the first time in his tenure, the incredible child poverty and income inequality that exist in our generally affluent state and recognizing the need to give greater property tax relief to those who need it most rather than spreading it too thinly. However, for every step forward the governor takes in addressing... 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