CHENANGO COUNTY – On Thursday, the Business Council of New York State released a study comparing growth in five areas of economic development in the counties of New York to the nation, and the results are far from positive. The study measured growth in jobs, average wage per job, total personal income, per-capita personal income and population over the last 10 years. The results showed that Chenango County has not grown on or above the nationwide level in any of the five criteria. The county received an F.
The study showed that other neighboring counties, such as Broome, Madison, Cortland and Otsego Counties also scored Fs, as well as the Upstate Region when graded as a whole.
The study, which also graded each of the 50 states as a whole, showed that New York State received a D. “Fully half of the counties in New York State trail the nation in all five core measures of long-term economic growth included in the Business Council’s New Economic Growth Index,” a news release from the business council states.