Inside Long Island Business
Get the latest news and trends on Long Island companies and the people behind them.
Three Long Island organizations received nearly $900,000 total in grants from New York State for their efforts in researching and developing of energy efficient technologies for buildings, Gov. Andrew M. Cuomo announced Wednesday.
The grants -- to a total of 19 companies in the state -- is the second of six rounds of funding through the New York State Energy Research and Development Authority's...Read more »
PMG Interactive, a digital marketing company in Center Moriches, will host a Social Mobile Analytics & Content Summit as part of the New York Business Expo and Conference this Thursday, Oct. 17, in Manhattan.
The summit, which will take place from 9 a.m. to 5 p.m. at the Jacob Javits Center, will include two keynote speeches and seven interactive workshops on social media and digital communication.
Tickets...Read more »
Manufacturing conditions in New York State improved at a modest pace in September, though slowed compared to activity in August, according to the Empire State Manufacturing Survey, a report of state manufacturing conditions compiled by the Federal Reserve Bank of New York.
The general business conditions index fell to 6.29 in September, down about 2 points from August. The index came in under...Read more »
Consumer confidence in the metropolitan area for August dipped to the lowest level since December 2011, pulled down by future worries about the economy, according to the Siena College Research Institute.
The confidence index in New York City, Long Island and the northern suburbs was 74.7 in August, a 2.8 point drop from July.
Siena pollster Doug Lonnstrom said the drop could be attributed...Read more »
Manufacturing conditions in New York State improved modestly in July -- as it had in June, according to the Empire State Manufacturing Survey, a report of state manufacturing activity compiled by the Federal Reserve Bank of New York.
The general business index rose two points to 9.5 for July. A reading above zero means that activity is improving. The number beat expectations, as economists...Read more »
Private equity activity was sparse on Long Island in 2012, according to the Private Equity Growth Capital Council (PEGCC) a Washington D.C.-based lobbying and research firm focused on the industry.
PEGCC released a report Thursday that said New York State attracted $15.6 billion in private equity investments for 96 companies in 2012. Of that figure, 15 companies were from the Long Island area,...Read more »
The New York State Senate, Assembly and Gov. Andrew M. Cuomo have agreed on two bills that would aid the state's budding hard cider producers, the three parties said Thursday.
The two bills, which are expected to pass and become law before the end of the legislative session Friday, would help establish farm cideries and also streamline the brand labeling process for alcoholic beverages.
The...Read more »
Manufacturing conditions in New York State for May fell into negative territory for the first time since January, according to the Empire State Manufacturing Survey, a report of state manufacturing activity compiled by the Federal Reserve Bank of New York.
The general business conditions index for May was negative 1.4, down from 3 in April. A reading below zero means that manufacturing activity...Read more »
Consumer confidence in the New York metropolitan area fell this past month compared with March, despite record gains on Wall Street.
The Siena College Research Institute reported Thursday its confidence index for Long Island, New York City and its northern suburbs was 77.5 points in April, down 2.4 from the previous month.
Still, the index remained above 76.1 points, indicating the number...Read more »