economy

Buying food in New York is about to get more expensive.

Finally. By July it looks like prices on lumber are finally coming down around here. May lumber prices hit an all-time high, but they are seeing a decline. The drop in prices won't bring the prices back to where they were, but they will be MUCH better.

As malls and big-box stores die across America, our retail giants locally are falling victim to the same fate.

January can be grueling. The post holiday letdown, credit cards and adjusting budgets to face the New Year. Well you can look forward to the next holiday, and move money around, and GAS PRICES are falling.

It always good news when talking about local companies growing. Governor Andrew M. Cuomo recently told us that Moley Magnetics of Lockport is creating 41 new jobs and keeping 19 jobs at their facility. Moley Magnetics Incorporated is a manufacturer and supplier of heavy duty commercial construction equipment...and they're growing!

Rejoice America, oil prices have fallen below $50 per barrel! Motorists have been saving over a grand a year at the pumps for a few years now. But, are the low gas prices actually hurting the economy? In some ways they are.

Those $4 a gallon gas prices we experienced from 2007 through 2009 may be a thing of the past...at least for this summer. Economists predict that the national average price for a gallon of gas will fall about 32 percent from a year ago. Between now and September, when we do most of our driving, it should cost you much less to fill up at the pump.

The Dow Jones Industrial Averages have been breaking records for months now. The national unemployment is at a manageable 5.8% and now gas prices are below $2 a gallon in 13 states.  3 states have pumps at $1.90!

Economically, it’s been a rough few years. But things seem to be improving — a new survey says that for the first time since 2009, Americans aren’t pinching pennies quite the way we used to.

Do you think this is true?  With the down economy, most men would rather go Dutch when going on a date. Well guys, a new British study says the more attractive your date is, the less likely she is going to be willing to pay.