U.S. November ADP employment change at -32K, vs. 10K expected and 42K prior.
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New Prospects for Economic Growth Infrastructure in Upstate New York
- Upstate NY's economic revival relies on shovel-ready infrastructure investments, as seen in Webster's $9.8M FAST NY grant transforming a brownfield into an advanced manufacturing hub. - Public-private partnerships (PPPs) like NY's $51M program reduce industrial vacancy rates (Webster's now 2%) and attract high-growth sectors like semiconductors and cleantech. - Governor Hochul's $300M POWER UP initiative and NY SMART I-Corridor are accelerating semiconductor manufacturing, positioning Upstate as a critic
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