Governor Hochul Announces Grand Opening Of $27M Affordable Housing Development In Ithaca

Governor Hochul Announces Grand Opening Of $27M Affordable Housing Development In Ithaca Founders Way is seeking certification paths through Enterprise Green Communities and the US Environmental Protection Agency’s ENERGY STAR® Certified Homes Program. Read More New York State https://hcr.ny.gov/news/governor-hochul-announces-grand-opening-27-million-affordable-housing-development-ithaca

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11/08/2022 — MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY Employment rises another 261,000 in October, unemployment rate edges up to 3.7 percent Total nonfarm payroll employment increased by 261,000 in October, and the unemployment rate rose to 3.7 percent. Notable job gains occurred in health care, professional and technical services, and manufacturing. The unemployment rate has been in a narrow range of 3.5 percent to 3.7 percent since March. The labor force participation rate, at 62.2 percent, and the employment-population ratio, at 60.0 percent, were about unchanged in October and have shown little…

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11/04/2022 — MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY Federal Reserve raises rates another 75 basis points, but may adjust future hikes lower The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of these goals, the Committee decided to raise the target range for the federal funds rate to 3-3/4 to 4 percent. In determining the pace of future increases in the target range, the Committee will take into account the cumulative tightening of monetary policy, the lags with which monetary…

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