Rochester Business Journal Leading source of business news and information in Rochester, N.Y.

Confidence among Upstate New York consumers fell to its lowest point in three years, a quarterly report from Siena College Research Institute shows. Overall confidence, which includes future and current confidence, in upstate fell to 85.2 in the second quarter, ...

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New listings fell, closed sales fell, the months supply of homes fell and the median sales price rose. That’s the quick-hit synopsis of activity for May in Monroe County from the New York State Association of Realtors report released today. ...

Rochester-area employment in construction-related fields in April experienced year-over-year growth of 10 percent, the largest jump among 15 metro markets in New York State. There were 2,000 more construction workers last month than in April 2018, which boosted the total ...

The city of Rochester has lost nearly 4,300 residents since 2010, new data from the U.S. Census Bureau shows. The American FactFinder annual estimates of resident population estimated 206,284 residents in the city of Rochester last year, compared with 210,565 ...

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More than two centuries after the first shovels hit the ground to build a 363-mile channel connecting the East Coast to areas in the Midwest, Gov. Andrew Cuomo is launching a major initiative to explore the reimagining of the Erie ...

Tagged with: canal corp Erie Canal NYPA reimagine the erie canal

Mayor Lovely Warren’s proposed $552 million spending plan for fiscal year 2019-20 will cost the typical Rochester homeowner $49.56 more a year but closes to zero the $38.7 million gap faced when the budgeting process began. The city also said ...

One thing Cam Schauf knows after decades of running dining services at the University of Rochester: don’t change things up too much in April or May. This high-stress period at the end of second semester is not the time to experiment at ...

Tagged with: Aramark Cam Schauf Chris Hartman David Feist dining services Harvest Table Headwater Food Hub sustainability university of rochester

Nationwide Precision Products, a Henrietta-based machining manufacturer that opened for business in 1965, will close in late summer and lay off all 50 employees. A Worker Adjustment and Retraining Notification (WARN) posting says layoffs will begin on Aug. 1. The ...

While 350 new jobs were tied to a 2015 Frontier Communications expansion project that received a tax break from Monroe County, there was no requirement that any or all of those employees be retained for any specified length of time. ...

Rochester Institute of Technology, with its more than 19,000 students and focus on career-minded majors and job creation, is the fifth-largest employer in the Rochester area. Locally the university employs 4,123 people with the vast majority of those in full-time ...

Tagged with: Albert Simone arts Bob Finnerty college president college presidents David C. Munson Jr. Ellen Granberg EmployeeChannel Ian Mortimer LiveTiles Rochester Institute of Technology Simone Center technology Venture Creations william destler

Construction employment in the Rochester area increased by 10.2 percent year over year, the largest percentage increase posted in the state’s 15 metropolitan statistical areas. There were 20,600 construction jobs in Rochester in March, up 1,900 from March of 2018, ...

The expiration of a lease and an overabundance of staff members at other call centers has prompted the closing of a Henrietta-based business, meaning 75 employees will be looking for jobs. CallVista, a call center working exclusively with Internet-based marketing ...

Despite a continuing shortage of homes on the market, buyer demand remained strong in the first quarter of 2019, according to the latest Marketwatch Report by the Greater Rochester Association of Realtors (GRAR). Available homes for sale in the region ...

On any given night in Monroe County, 835 people are homeless, many of them doubling up with friends or relatives, staying in shelters or sleeping in their cars. A new report from the National Alliance to End Homelessness shows that ...

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Foreclosure activity during the first quarter of 2019 dropped significantly in Monroe County, mirroring the nationwide trend. Total properties in the county with foreclosure filings during the first three months fell to 485, down 27.07 percent from the first quarter ...