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Author Archives: Velvet Spicer

The kid with glitter pens now owns a business

A childhood love of all things paper and the decision to study graphic design led to a dream career for Samantha McLarney.   The 32-year-old owner and designer of Sweet Pea Print founded her specialty printing business in 2009, but the ...

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Unemployment rate in September drops to 7.1%, jobs increase

The Rochester-area economy continued to show positive signs in September, with a decrease in the unemployment rate and an increase in the number of jobs, the state Department of Labor reported Tuesday.

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Vehicle sales climb in September

New and used car sales improved in September compared with a year ago but declined from August, the Rochester Automobile Dealers’ Association Inc. reported.

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Hyundai vehicle to feature tech from Torvec

Hyundai Motor Co. will feature Torvec Inc.’s IsoTorque differential when it showcases a high-performance vehicle next month in Las Vegas.   The Specialty Equipment Market Association highlights the latest in automotive products at its exposition, which is visited by some ...

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Q4: Douglas Lonnstrom, founding director, Siena Research Institute

Q: What factors led to the overall decline in consumer confidence in the third quarter in Rochester and the majority of the regions statewide? A: It was a dismal quarter (July, August, September) of economic news: Economists talking about double-dip ...

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Consumer confidence falls in Rochester region

Confidence among Rochester area consumers fell from the second quarter to the third quarter, but improved from a year ago, the latest quarterly consumer confidence survey by the Siena Research Institute shows.

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Golisano-led investor group puts millions into Torvec

Torvec Inc. has raised $6.5 million in a private placement of preferred stock, including a roughly $6.23 million investment by a group of investors led by Thomas Golisano, the company announced Monday.

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Unemployment rate improves in Rochester region

Rochester’s economy continued to show improvement in August, with a decline in the unemployment rate and an increase in the number of jobs, the State Department of Labor reported.

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Region continues to add jobs

The Rochester metropolitan area continued to add non-farm and private-sector jobs in August, ranking second in job growth statewide, the state Department of Labor said Thursday.

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Vehicle sales rev up in August

New and used car sales in Monroe County picked up speed in August, Rochester Automobile Dealers’ Association Inc. reported.

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Other forces loomed larger

The Rochester-area economy has taken its share of hits in the decade since 9/11, but most of the economic upheaval would have happened regardless of the terrorist attacks, some area business leaders and economists say.   "I think it’s sort ...

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Majority says government more problem than solution

More than three-quarters of Upstate New York residents say the government is the problem, rather than the solution, when it comes to economic issues, and more than half say America’s best economic days are behind us, a new survey by the Siena Research Institute shows.

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