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How Sweet It Is! Approaching a Recovery Milestone

(Analysis) This (final) quarter of 2013 and the first quarter of 2014 will probably bring reports of many “real” measures of economic performance back to par with levels achieved before the recession of 2008-9 (see graph at top left). This should be cause for some celebration, coming after about 6 years of continuously depressed measurements … Continue reading

Corporate Welfare is Receiving Some Necessary Scrutiny

(NYS) Recent analysis [pdf] of NYS subsidies to business in the form of tax credits and other give-aways of public money is gathering attention among tax-policy specialists and a highly acclaimed journalist from WNY. This analysis continues a decades-long trend showing that only very little or no benefit can be rightfully attributed to corporate welfare. … Continue reading

Economic Recovery in Buffalo Area Still Lagging Other US Metro Areas

(Buffalo, NY) Statistics released this year in September by the BEA indicate that the economic recovery in the Buffalo metro area is relatively sluggish. Growth of private-sector real GDP for each full year of recovery since the recession of 2008-9 is lower in the Buffalo metro area than for all US metro areas as a … Continue reading