NYS Business Council gives Chenango an “F”
CHENANGO COUNTY – On Thursday, the Business Council of New York State released a study comparing growth in five areas of economic development in the counties of New York to the nation, and the results are far from positive. The study measured growth in jobs, average wage per job, total personal income, per-capita personal income and population over the last 10 years. The results showed that Chenango County has not grown on or above the nationwide level in any of the five criteria. The county received an F.
The study showed that other neighboring counties, such as Broome, Madison, Cortland and Otsego Counties also scored Fs, as well as the Upstate Region when graded as a whole.
The study, which also graded each of the 50 states as a whole, showed that New York State received a D. “Fully half of the counties in New York State trail the nation in all five core measures of long-term economic growth included in the Business Council’s New Economic Growth Index,” a news release from the business council states.
According to Commerce Chenango President Maureen Carpenter the results are not surprising when you look at all the challenges Upstate New York, and Chenango County in general are facing.
“Upstate faces a lot of economic challenges, including high taxes, limited resources and infrastructure. The cost of building a business is extremely high. It doesn’t make us very competitive on a national level,” Carpenter said. Over the past years, the population of Chenango County has been decreasing and the taxes have been increasing, making the area less desirable for new businesses.
“We (Commerce Chenango) are committed to helping local businesses stay and grow in this area. That’s our main concern, but we’re also looking to attract new businesses,” Carpenter said. She explained that any time there is information on a business looking for a New York location, they try to respond, but the lack of pre-existing buildings and adequate transportation are often an issue.
“I believe eventually, businesses will start coming back,” Carpenter said. Currently, infrastructure possibilities are being examined. Commerce Chenango is currently looking at railroad possibilities and trying to work on transportation access for Route 12.
“Hopefully we can turn things around in the next five to 10 years,” Carpenter said. When asked what type of business Chenango might attract, Carpenter said there were many possibilities, but some type of alternative energy program might be a possibility. “Alternative energy is very big right now. There are a lot of programs to help those companies.”
The Commerce Chenango President explained that in order to attract new businesses to the region, the county would need to work closely with state officials. “The areas in New York that received passing grades were all down state, but most of those were Cs and Ds. New York State scored a D. I wouldn’t really be proud of that either. The state has to work as a whole,” Carpenter said.
e-mail: jlewis@evesun.com
The study showed that other neighboring counties, such as Broome, Madison, Cortland and Otsego Counties also scored Fs, as well as the Upstate Region when graded as a whole.
The study, which also graded each of the 50 states as a whole, showed that New York State received a D. “Fully half of the counties in New York State trail the nation in all five core measures of long-term economic growth included in the Business Council’s New Economic Growth Index,” a news release from the business council states.
According to Commerce Chenango President Maureen Carpenter the results are not surprising when you look at all the challenges Upstate New York, and Chenango County in general are facing.
“Upstate faces a lot of economic challenges, including high taxes, limited resources and infrastructure. The cost of building a business is extremely high. It doesn’t make us very competitive on a national level,” Carpenter said. Over the past years, the population of Chenango County has been decreasing and the taxes have been increasing, making the area less desirable for new businesses.
“We (Commerce Chenango) are committed to helping local businesses stay and grow in this area. That’s our main concern, but we’re also looking to attract new businesses,” Carpenter said. She explained that any time there is information on a business looking for a New York location, they try to respond, but the lack of pre-existing buildings and adequate transportation are often an issue.
“I believe eventually, businesses will start coming back,” Carpenter said. Currently, infrastructure possibilities are being examined. Commerce Chenango is currently looking at railroad possibilities and trying to work on transportation access for Route 12.
“Hopefully we can turn things around in the next five to 10 years,” Carpenter said. When asked what type of business Chenango might attract, Carpenter said there were many possibilities, but some type of alternative energy program might be a possibility. “Alternative energy is very big right now. There are a lot of programs to help those companies.”
The Commerce Chenango President explained that in order to attract new businesses to the region, the county would need to work closely with state officials. “The areas in New York that received passing grades were all down state, but most of those were Cs and Ds. New York State scored a D. I wouldn’t really be proud of that either. The state has to work as a whole,” Carpenter said.
e-mail: jlewis@evesun.com
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