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Economic development incentives approved for two area manufacturers (access required)

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Incentives from Empire State Development will help two area manufacturers expand their businesses, adding up to 60 jobs, officials said this week. In Monroe County, medical case manufacturer and distributor Fieldtex Products Inc. will move its operations from its current ...

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Manufacturers report continued growth amid tariff woes (access required)

Source: IHS Markit

Manufacturing conditions nationwide showed strong improvement in September as the industry experienced sharp rises in output and new orders, the latest IHS Markit U.S. Manufacturing Purchasing Managers’ Index shows. The seasonally adjusted PMI registered 55.6 in September, up from 54.7 ...

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Fed reports fall in manufacturing in May; other sources more sanguine (access required)

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U.S. manufacturing output fell in May, a new report from the Federal Reserve shows. The report, issued Friday, shows that industrial production decreased 0.1 percent in May following a 0.9 percent increase in April. Manufacturing production fell 0.7 percent in ...

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Small business wage growth ticks higher (access required)

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The Paychex | IHS Markit Small Business Employment Watch index of small-business job growth and wages dropped slightly in April, as wage growth accelerated and the pace of monthly small business job growth continued to tighten. “The low unemployment rate ...

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Graham announces $4.4M in orders from refining industry (access required)

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Graham Corp. has received three orders totaling $4.4 million from firms in the refining industry. The Genesee County business designs, manufactures and sells critical equipment for the oil refining, petrochemical, power and defense industries. Two of the three orders are ...

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NYS business activity shows strong growth in March (access required)

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Business activity statewide showed strong growth this month, according to firms responding to the Federal Reserve Bank of New York’s March Empire State Manufacturing Survey. The general business conditions index climbed nine points to 22.3. Thirty-eight percent of respondents reported ...

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