Economic Development

Private sector investment is the key to retaining business and employment, and fostering new economic growth in New York State.  The Business Council supports reforms that help improve the overall economic and investment climate in New York by reducing significant state-imposed business costs, including state and local taxes, energy, health care, workers’ compensation and others.  A more competitive business climate is key for additional investment and growth in all economic sectors.  In addition, The Business Council supports targeted incentive programs that support investment and growth in significant, high value sectors including manufacturing, technology and others, and that offset especially high in-state costs, including property tax relief and reduced energy costs, that impact business competitiveness.  Finally, we support programs to promote research and innovation, and that help New York develop and retain our high quality, high skilled workforce.