State & Local Gov’t Employees per 10k Residents: 634.5
State-Local Tax Burden
Rate (%): 12.8%
Compared to Nat’l Avg. (9.9%): 2.90%
JP Morgan Chase
Development Trend Indicator: Neutral
Startup NY makes media splash but favors only narrow niche of companies.
“New York, and in particular NYC, needs to be more supportive of businesses, or all the jobs will leave with the businesses.”
“New York is legal extortion when trying to leave. They don’t help on the front end, only hinder on back end. deBlasio killing charter schools: idiocy.”
“NY state should be the Empire State again: Wall Street, natural gas fracking, great colleges, but the politicians continue to mess it up. Too many taxes, too much regulation, and too much government corruption.”
A survey of 300+ CEOs conducted in early May shows declining confidence in business conditions, even as economy reopens in many parts of the country and around the world. But there could be a silver lining.