Skip Navigation
on:

NCPR is supported by:

News stories tagged with "recession"

Home foreclosure worries grow in North Country

The North Country has managed to dodge the worst parts of the home-mortgage crisis that has devastated the country's economy. Foreclosures in this region haven't spiked as they have in other parts of the country. But some real estate experts say the souring economy and the growing number of lay-offs has begun to hit more homeowners. Brian Mann has our story.  Go to full article

Recession proof construction

In the middle of a recession that's crippling the construction field, there's at least one sector of industry that's doing pretty well. That's "material reuse." Taking pieces of old buildings and using them in new ones. Advocates say used materials could save developers a heap of money. Samara Freemark has the story of one re-use company that's both green and in the black.  Go to full article

Lowville, pt.2: inside the safety net

This week, we're viewing the recession through the lens of one North Country community: the village of Lowville in Lewis County. Yesterday we heard from Main Street merchants struggling to make a living. Climb the hill from Main Street, up the Tug Hill Plateau, toward the East's largest wind farm, and you reach Lewis County's social services building. Inside, caseworkers are flooded with new clients. Heating assistance and food stamp applications are up 40%. As David Sommerstein reports, those who hold the safety net want even more people to use it.  Go to full article
Gov. David Paterson spoke to a capacity crowd in Watertown.
Gov. David Paterson spoke to a capacity crowd in Watertown.

Paterson says 2009 "year of bad medicine"

Coming off his first State of the State address, Governor David Paterson is taking his prescription for the state's $15.4-billion deficit on the road. The first stop on his Upstate tour was last night at the North Side Improvement League in Watertown. His message to the packed house of 400 people was as grim as it was simple: 2009 will be "the year of bad medicine" for New York State. Paterson offered little new from previous speeches. But as David Sommerstein reports, his frankness appeared to win the crowd.  Go to full article
American Management Association has trained execs since the 1920s
American Management Association has trained execs since the 1920s

Saranac Lake company sees tough economy as a teaching moment

One of America's oldest management-training companies in the U.S. is also one of the biggest private employers in Saranac Lake. The American Management Association, based in New York City, offers guidance and skills-development to executives wrestling with the sour economy. But AMA is itself facing tough times. Fewer companies have the budgets to pay for AMA's training courses and declining enrollments have triggered lay-offs. North Country Public Radio's Brian Mann has our story.  Go to full article
Lloyd's of Lowville
Lloyd's of Lowville

What would you do with a tax rebate?

The Bush Administration wants part of an economic stimulus package to include tax rebates: $800 for individuals, $1600 for couples. Officials hope the checks will induce people to spend money and boost the economy. David Sommerstein stopped by Lloyd's of Lowville Diner Monday. Amidst sizzling burgers and cups of coffee, he asked patrons what they thought of the stimulus plan, and what they'd do with their rebate check...  Go to full article

NY Lawmakers Optimistic About Economy

Many economists are now saying the recession is over. The revenue estimates released by the state Assembly and Senate reflect that optimism. Both houses have discovered more money for possible use for favored programs. Karen Dewitt reports.  Go to full article

Labor Numbers: State Workers Hurting From Recession and September 11th Aftermath

New York's Labor Department has released its latest employment numbers and the jobs picture looks bleak for much of the state. Hit by the September 11th terrorist attack and by a global recession, the state lost more than 140,000 jobs last year. As Brian Mann reports, parts of the north country are feeling the squeeze - but others held steady.
 Go to full article

North Country Prison Industry Faces Recession

This year, New York state's prisons cut more than six hundred corrections officers. With inmate populations shrinking, corrections commissioner Glenn Goord says another five hundred prison guards will go this year. As Brian Mann reports, the loss of high paying jobs is being felt in prison towns across the North Country.  Go to full article

Alcoa: Planning A Future in the North When the Economy Goes South

When economists recently announced the country was in a recession, most people already knew. In Massena, Alcoa workers have been feeling the pinch of a lagging economy for over a year now. After its latest round of layoffs and early retirements, the company is assessing its needs for the future. More layoffs are possible. But as David Sommerstein reports, hints of a market turnaround may help dispel worries of further cutbacks.  Go to full article

« first  « previous 10  20-48 of 30  next -18 »  last »