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New York News

N.Y. workers’-compensation rate to decline in 2024

ALBANY, N.Y. — New York expects employers statewide to save more than $50 million in 2024 with a reduced annual workers’-compensation assessment rate. The rate was set Nov. 1 and goes into effect on Jan. 1, 2024, the office of Gov. Kathy Hochul said.  For 2024, the workers’-compensation assessment rate will be 9.2 percent of

Farm bill one-year extension includes farmer-payment program

The Farm Bill is now operating on a one-year extension, having been included in the continuing resolution budget deal that President Joe Biden signed Nov. 17.  That’s according to the office of U.S. Senate Majority Leader Charles Schumer (D–N.Y.), which also noted that Schumer secured the one-year extension of the Farm Bill in that legislation. 

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Stakeholders discuss broadband access at Binghamton conference

BINGHAMTON, N.Y. — Local and state leaders recently met in Binghamton for the Second Annual Upstate Rural Broadband Conference to highlight projects underway in the region and to identify funding opportunities to speed up the deployment of high-speed networks in the Southern Tier and Central New York regions. “Our goal is to make high-speed broadband

N.Y. manufacturing index turns positive again in November

The Empire State Manufacturing Survey general business-conditions index bounced back into positive territory by rising 14 points to 9.1 in November, its highest reading since April. The index had turned negative in October by declining 7 points to -4.6. The general business-conditions index is the monthly gauge of New York’s manufacturing sector.  Based on firms

PPC Broadband to relocate production from overseas

DeWITT, N.Y. — PPC Broadband, which makes components for broadband connections, is expecting to add nearly 200 jobs by the end of 2024, as it brings production back from overseas to operations in Central New York. U.S. Senate Majority Leader Charles Schumer (D–N.Y.) on Nov. 14 revealed how PPC Broadband in DeWitt, Belden’s broadband products

ESD awards funding to regional incubators

New York State has awarded $125,000 in annual funding and extended designations to business incubators operating in the greater Central New York, Mohawk Valley, and Southern Tier regions.  The incubators include the Hub in Hamilton in Madison County, a collaboration between Colgate University and the Partnership for Community Development; CADE (Center for Agricultural Development and

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