Economic & Business Climate

Refinancing Not Always Easy Across the Nation

With interest rates at all-time lows across the country, many homeowners who would love to refinance their mortgage are finding the process more challenging than they had expected.


Innovation Trail: Verizon Gets Major Incentive from NYPA

The New York Power Authority's approval of low-cost hydropower for Verizon means there's even more inducement for the company to bring a data storage center to the region.


$20M for Tech Jobs to Move to NY

WXXI Innovation Trail reporter Dan Bazile analyzes the incentives that lured a business from Austin, TX to Albany, NY.


Innovation Trail: Merger for Local Infotonics Ctr.

The Infotonics Technology Center in Canandaigua is partnering with Albany's Center for Excellence in Nanoelectronics and Nanotechnology.


NBER: Recession Ended in June 2009

The National Bureau of Economic Research is a panel of academic economists that dates the beginning and end of recessions.

New Genesee Brewery Production Line Up and Running

The Genesee Brewery has begun producing its new line of 24-ounce cans.


Need to Know Rochester: Frontier CEO Maggie Wilderotter

She's on Fortune's list of most powerful women and Frontier Communications CEO Maggie Wilderotter appeared on WXXI-TV.

NY Consumer Confidence Declines

Consumer Confidence in New York State declined in August and continues to lag behind the rest of the nation.


WindTamer Drifting to Pennsylvania?

The local wind power start up is looking outside our region for a place to build its new manufacturing facility. 

Unshackle Upstate Releases Legislator Report Cards

The Unshackle Upstate advocacy organization announced its grades for state legislators.

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