New York State economy

Testimony before the Assembly Standing Committee on Economic Development, Job Creation, Commerce and Industry and Assembly Committee on Small Business

May 11, 1999. The Upstate Economy: Testimony delivered by James Parrott, Deputy Director and Chief Economist, Fiscal Policy Institute, Albany, New York.

Thank you for the opportunity to testify on the economic development challenges facing Upstate New York. The lagging performance of the upstate economies is a serious issue. Weak job growth for an extended period in the 1990s has restrained income growth and the resulting lack of job opportunities has, unfortunately but not unexpectedly, led many people to give … (read more)