Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Advertisement
Advertisement

Small Business

Broome County hotel occupancy rose more than 2 percent in December; other key indicators increased more

BINGHAMTON, N.Y. — Broome County hotels had another solid month of business in December to close out a strong year. The hotel-occupancy rate (rooms sold as a percentage of rooms available) in the county rose 2.4 percent to 51.0 percent compared to the year-prior month. That completes a year of no declines in this key […]

Capital projects boost Oneida Nation vendor spending in ‘22

VERONA, N.Y. — The Oneida Indian Nation, through its various enterprises, increased spending with New York state vendors by more than $64 million in 2022 due to expansion and diversification efforts. The Nation expects that pattern to continue into 2023 as it undertakes several new initiatives to improve, expand, and diversify its many business enterprises.

CenterState report reveals 2023 business expectations for region

SYRACUSE, N.Y. — Nearly three-quarters of area companies surveyed (73 percent) anticipate increased sales or revenue in 2023, down 2 percent from the 2022 projections. At the same time, more than 72 percent of nearly 200 area companies surveyed expect an increase in jobs and hiring in 2023 — up 4 percent from 2022 projections.

KeyBank Foundation makes grants for CNY workforce, community development

SYRACUSE — Le Moyne College, Jubilee Homes of Syracuse, and other nonprofit organizations will use a total of $545,000 in grant funding from the KeyBank Foundation.  The foundation seeks to help the Central New York organizations in support of their workforce development and community initiatives.  These grants are part of KeyBank’s $40 billion National Community

Advertisement

Tioga State Bank adds Hoyt to commercial- lending team

SPENCER, N.Y. — Tioga State Bank recently announced the addition of Joseph Hoyt to its commercial-lending team. As a small-business lender, Hoyt works with individual businesses to help find financial solutions tailored to specific needs to help those businesses succeed. He is located at the bank’s branch on Fifth Avenue in Owego. Hoyt brings to

Burnout hitting consumer confidence, KeyBank survey finds

The KeyBank 2023 Financial Mobility Survey, released Jan. 9, finds Americans are in a “difficult” financial position as 55 percent faced financial challenges over the past year. The finding represents a “substantial” increase from the year prior (37 percent), with more than double the number of respondents saying their biggest financial faux pas involved budgeting issues

Generations Bank promotes Humphreys to assistant VP

SENECA FALLS, N.Y. — Generations Bank announced it has promoted Jenny Humphreys to assistant vice president (AVP), in addition to her role as market manager of Seneca County.  Humphreys will continue to manage two Generations Bank retail offices in Seneca County, including the flagship branch in Seneca Falls and the office on North Road in

Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.