Journal Article

Buffalo's employment on the rise

Abstract: Employment growth in 1999 for the Buffalo metropolitan area was the strongest in a decade. Buffalo's job growth rate of 1.6 percent was still less than that of the U.S., upstate, and New York State as a whole. In a second section on the cost of rail shipping in Western New York, we present data showing that rates for the four studied commodities have in fact been above national averages. Although it is difficult to determine the exact reasons for Buffalo's higher prices, some combination of higher costs and a lack of competition likely explain the differential.

Keywords: Employment - New York (State); Railroads - New York (State); Shipping - New York (State); Economic conditions - Buffalo (N.Y.); Economic conditions - New York (State); Federal Reserve District, 2nd;

Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: The Regional Economy of Upstate New York

Publication Date: 2000

Issue: Spr