New York rebounds on housing, economic front
OtherIt’s a positive sign when the largest job market in the nation is in the midst of a strong economic recovery. According to the latest data from the Obama Administration, the local New York economy made modest improvement after the 2001 recession. Nonfarm payrolls rose at an average annual rate of 84,150 jobs, or 1.0%, from the third quarter of 2003 through the first quarter of 2008, the administration said. Compared to the rest of the nation, the impact of the 2007-2009 recession had a relatively light impact on New […]