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Economy and Business news

A new Siena College survey shows that holiday gift spending among New Yorkers will be pretty similar to what it was last year.

The survey shows that more than half of those polled will spend under $500, according to survey director, Don Levy.

Randy Gorbman / WXXI News

Governor Andrew Cuomo came to Rochester Wednesday to talk about $16 million in state money that will help support three  local projects aimed at reducing poverty.

They include the establishment of a Finger Lakes Workforce Development Center at Eastman Business Park. MCC is partnering with Kodak to offer manufacturing-oriented programs and training in the skilled trades.

Cuomo says training is key if communities in the current environment want to create jobs.

wilmorite.com

Officials with the del Lago Resort & Casino in Seneca County have announced an opening  date for that $440 million project.

It is Feb. 1, and the general manager for the resort, Jeff Babinski, says they will invite a number of officials at that ribbon cutting as well as welcoming hundreds of visitors from around the region.

He expects that resort to eventually become a destination for some convention business as well.

unitedway.org

Seven out of ten. That’s the number of families who are having difficulty making ends meet despite being employed in Rochester.

That statistic comes from the latest United Way ALICE report, an acronym standing for Asset Limited, Income Constrained, Employed.

Stephanie Hoopes, the director of the ALICE Project and the lead researcher in the New York report says it’s important to realize poverty isn’t just about the extremes.

opendoormission.com

The Open Door Mission is getting ready to host its 64th annual Thanksgiving banquet from 4 to 7 pm on Thursday.

Executive Director Mike Hennessey says the community has come through again and has donated more than enough to serve 150 to 200 meals for those who are less fortunate.

"We have an overabundance of donations, we have an overabundance of turkeys, we have an overabundance of everything," he said.

Any extra food is redistributed thorough local churches and food cupboards in the community.

The latest numbers on jobs show continued improvement in the Rochester area  even if the unemployment rate went up slightly compared to a year ago.

That according to NYS Labor Analyst Tammy Marino who says the October unemployment rate was 4.6 percent, compared to 4.7 percent in September and 4.5 percent in October of last year.

The number of private sector jobs grew by 400 compared to a year ago.

Marino says overall, we are still seeing solid growth in the local job market.

AAA Projects Rise in Holiday Travel

Nov 22, 2016
aaa.com

Cheaper gas prices and improvements in the economy are spurring an increase in travel this  Thanksgiving holiday.

That's according to travel projections from AAA.

Spokesperson Elizabeth Carey says the auto club projects 48.7 million Americans will travel,  most of them by car.

"A lot of people are back at work, unemployment is low.  Gas prices have been reasonable.  We've seen a lot of people traveling throughout the year, and this Thanksgiving shouldn't be any  different. We do expect a lot of travelers," she said.

Open Door Mission Ready to Accommodate

Nov 21, 2016
wxxi photo

Rochester's Open Door Mission had been at capacity even before the first blast of winter weather arrived, but Assistant Director of Development, Christopher Scribani, says the Mission is ready to accommodate.

He says the high winds are contributing to the need for many people to seek shelter.

"That's pretty much the deciding factor for us to make sure people are are inside and having the opportunity to stay warm and certainly to sign up for a bed tonight," he said.

Small Businesses Giving Back

Nov 18, 2016
rochestersbc.com

The Small Business Council is once again collecting food baskets for families in the Rochester area this Thanksgiving.

Council president Paul Kaiser says the annual SBC Cares Thanksgiving Appeal aims to collect 3-thousand food baskets from the local business community.

"They go to local charities throughout Rochester, such as Catholic charities, Veterans Outreach, Volunteers of America, Soujourner House.  It's a great cause, so we rally the business community to give back," he said.

Office of NY Gov. Andrew Cuomo

Charter Communications is bringing over 220 new jobs to Henrietta, and retaining 500 more, as the company expands local operations and continues the process of rebranding itself as Spectrum, after acquiring Time Warner Cable.

Greg McMichael, Senior Vice President of Customer Care, made the announcement Tuesday at Charter's facility on Town Centre Drive.              

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