January 2016 Cover Story: Economic Outlook

Slow and steady
growth wins the race

OUTLOOK 2016 / MILITARY: A soldier salutes during the presentation of the colors last year in an activation ceremony for the 10th Mountain Division Divarty. As the post avoided major cuts in 2015, Fort Drum officials remain positive that 2016 will be a healthy year for one of region’s top economic sectors. Photo by Amanda Morrison, NNY Business.

OUTLOOK 2016 / MILITARY: A soldier salutes during the presentation of the colors last year in an activation ceremony for the 10th Mountain Division Divarty. As the post avoided major cuts in 2015, Fort Drum officials remain positive that 2016 will be a healthy year for one of region’s top economic sectors. Photo by Amanda Morrison, NNY Business.

Despite a few challenges, experts say the region is on pace for a positive year in 2016. Six sectors of the north country’s economy are ripe with opportunities for growth.

By Karee Magee, NNY Business

A grim fate cast a pall over the north country in early 2015, as federal budget sequestration threatened to cut up to 16,000 personnel from Fort Drum in an effort by the army to trim its active duty force from 490,000 to 450,000 by fiscal year 2017. [Read more…]

Teaching real-world lessons

JCC professor transitions from executive to entrepreneur

Entrepreneur Brian H. Murray, an assistant professor of business, teaches a business class at Jefferson Community College. Photo by Norm Johnston.

This Watertown entrepreneur is like a chameleon.

Since landing a job as an assistant professor of business at Jefferson Community College in 2005, Brian H. Murray, 43, has taught students practical skills needed to launch small businesses on the one hand and bought some of the most lucrative downtown commercial buildings as a real estate investor on the other.

[Read more…]

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