economies

Hochul wants to spend the same billions twice
Commentary, Local Columnists, New York
KEN GIRARDIN 
Dec 12, 2024
Gov. Kathy Hochul’s plan to mail $500 checks to millions of households has a problem: the sales tax “surplus” she wants to dish out doesn’t exist. Hoc...
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Gas prices unchanged locally, tick up in NY
Business, Local News, News
Olean Times Herald staff 
Dec 03, 2024
Average gasoline prices in New York rose 1.3 cents per gallon in the last week, averaging $3.12/g Monday, according to GasBuddy’s survey of 6,118 stat...
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State: Unemployment remains low in region
Allegany County News, Business, Cattaraugus County, ...
BOB CLARK bclark@oleantimesherald.com 
Nov 22, 2024
Area unemployment rates remained near or at historic lows in October, the state Department of Labor reported. The Cattaraugus County unemployment rose...
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New York state: October sales taxes down in area
Allegany County News, Business, Cattaraugus County, ...
BOB CLARK bclark@oleantimesherald.com 
Nov 21, 2024
Local sales taxes generally saw small declines in October, state officials reported. The Office of the State Comptroller reported that while 63% of co...
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Local sales tax collections mostly dip as state totals rose
Allegany County News, Business, Cattaraugus County, ...
BOB CLARK bclark@oleantimesherald.com 
Oct 30, 2024
Sales taxes collected at the local level rose at a slower rate in September and the third quarter across the state, Albany’s financial watchdog agency...
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Populism can run counter to economic growth
Commentary, Nation World
ALLISON SCHRAGER Bloomberg Opinion 
Oct 23, 2024
NEW YORK (TNS) — The degrowth movement, which had a moment a few years ago, is over — and not a moment too soon. As nations in Europe and North Americ...
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Report: NY state parks generate billions for economy
Cattaraugus County, Daily Headlines, Local News, ...
Jim Eckstrom jeckstrom@oleantimesherald.com 
Oct 21, 2024
A new report found that visitors to New York’s state park system generated nearly $6 billion in sales and boosted the state’s gross domestic product b...
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Gas prices fall in New York, even in Olean
Business, Daily Headlines, Local News, ...
Olean Times Herald staff 
Sep 23, 2024
Average gasoline prices in New York fell 6.1 cents per gallon in the last week, averaging $3.25/g Monday, while reports indicated even Olean outlets d...
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State: Area sales taxes mostly rose in August
Allegany County News, Business, Cattaraugus County, ...
BOB CLARK bclark@oleantimesherald.com 
Sep 17, 2024
Most local taxing authorities saw higher sales taxes in August compared to the year before, state officials said Tuesday. State Comptroller Thomas DiN...
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The high cost of Harris’s economic plan
Commentary, Nation World
DAVID DITCH 
Sep 06, 2024
WASHINGTON (TNS) — To say Americans are dissatisfied with the state of the economy is an understatement. Polls since late 2021 have consistently shown...
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An argument against rent control
Commentary, Nation World
Aug 26, 2024
The evidence against rent control is vast and continues to pile high. The latest example comes from Argentina. In 2020, Argentina faced rapidly rising...
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