Sentences with phrase «economic development spending by»

The state comptroller's office has released reports questioning the economic development spending by the administration as well as the use of state funds to promote the START - UP NY advertising campaign.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.

Chaired by Michael Horgan, the C.D. Howe Institute's Fiscal and Tax Competitiveness Council oversees research and development of policy recommendations to foster effective and efficient spending and tax programs, and ensures that Canadian fiscal policy supports economic dynamism and sustainable income growth.

It compares average public spending per child, by age and type of spending, between the United States, Denmark and the OECD countries combined (that's the Organization of Economic Cooperation and Development, which includes the advanced economies and some of the emerging ones).

According to an incentives contract recently signed with the Indiana Economic Development Corp., Clear Software plans to spend about $ 700,000 to open a new headquarters in downtown Zionsville, where it will hire up to 190 employees by the end of 2019.

State spending for Start - Up NY, which Cuomo launched in January 2014, has been widely criticized — even by Republican presidential candidate Donald Trump — after an internal report found the economic development program designed to «supercharge» the state's economy, had generated only 400 jobs.

When the program launched in 2001, New York shot to the top of the national rankings for average spending on economic development, according to research by Timothy Bartik, senior economist at the Upjohn Institute for Employment Research.

A Database of Deals was supported by both the Senate and Assembly in their budget resolutions, and the Governor agreed in the budget to create a report by January 2018 detailing the spending for each economic development program.

The good - government group Reinvent Albany on Monday issued a memorandum in opposition to a bill backed by Independent Democratic Conference Leader Jeff Klein that would create a chief procurement officer to oversee economic development spending.

In recent months, START - UP NY, a central part of Cuomo's massive economic development arsenal, has been vilified by some state legislators and conservative think tanks after it was reported the program created just 408 jobs across the state since 2014, leading the critics to question whether the $ 53 million spent on advertising and marketing was worth it.

Since January, «Republicans for Cuomo» — a group chaired by Home Depot co-founder Ken Langone — has held at least three events at which the governor pitched potential G.O.P. supporters, wooing them with talk of spending and tax cuts and economic development incentives.

For at least the third year in a row, Cuomo successfully beat back attempts by the two houses to increase transparency of state economic development spending.

«A wise man once said, to get results in Albany, it's a three - legged stool and on these issues there were only two legs on the stool,» Assemblyman Robin Schimminger, a Kenmore Democrat, said of Cuomo blocking plans like a searchable database of spending projects by the state's economic development agency.

The facts, as confirmed by ongoing independent quantitative research, show our efforts have made great strides in improving perceptions of New York State, creating greater awareness of our economic development programs, increasing the perception that New York is a good or excellent place to do business by 122 percent among executives from out of state, as well as attracting more tourists to spend their vacations here.

At the same time, Cuomo said the state could potentially adjust how it spends economic development money based on the findings of Bart Schwartz, the former prosecutor hired to review contracting in the program, which is under scrutiny by the U.S. attorney's office.

New Economic Development Spending: Over the last seven years economic development spending has expanded greatly, with few documented results.1 New York State spent $ 4.0 billion in fiscal year 2016.2 The Executive Budget increases Empire State Development (ESD) capital spending by $ 338 million to $ 1.9 billion and non-ESD economic development capital spending $ 234 million to $ 633 Economic Development Spending: Over the last seven years economic development spending has expanded greatly, with few documented results.1 New York State spent $ 4.0 billion in fiscal year 2016.2 The Executive Budget increases Empire State Development (ESD) capital spending by $ 338 million to $ 1.9 billion and non-ESD economic development capital spending $ 234 million to $ 6Development Spending: Over the last seven years economic development spending has expanded greatly, with few documented results.1 New York State spent $ 4.0 billion in fiscal year 2016.2 The Executive Budget increases Empire State Development (ESD) capital spending by $ 338 million to $ 1.9 billion and non-ESD economic development capital spending $ 234 million to $ 633 Spending: Over the last seven years economic development spending has expanded greatly, with few documented results.1 New York State spent $ 4.0 billion in fiscal year 2016.2 The Executive Budget increases Empire State Development (ESD) capital spending by $ 338 million to $ 1.9 billion and non-ESD economic development capital spending $ 234 million to $ 633 economic development spending has expanded greatly, with few documented results.1 New York State spent $ 4.0 billion in fiscal year 2016.2 The Executive Budget increases Empire State Development (ESD) capital spending by $ 338 million to $ 1.9 billion and non-ESD economic development capital spending $ 234 million to $ 6development spending has expanded greatly, with few documented results.1 New York State spent $ 4.0 billion in fiscal year 2016.2 The Executive Budget increases Empire State Development (ESD) capital spending by $ 338 million to $ 1.9 billion and non-ESD economic development capital spending $ 234 million to $ 633 spending has expanded greatly, with few documented results.1 New York State spent $ 4.0 billion in fiscal year 2016.2 The Executive Budget increases Empire State Development (ESD) capital spending by $ 338 million to $ 1.9 billion and non-ESD economic development capital spending $ 234 million to $ 6Development (ESD) capital spending by $ 338 million to $ 1.9 billion and non-ESD economic development capital spending $ 234 million to $ 633 spending by $ 338 million to $ 1.9 billion and non-ESD economic development capital spending $ 234 million to $ 633 economic development capital spending $ 234 million to $ 6development capital spending $ 234 million to $ 633 spending $ 234 million to $ 633 million.

Currently, the Citizens Budget Commission (CBC) prepares the most comprehensive view of state and local economic development efforts statewide; however, the usefulness of this presentation is limited because it is based mostly on available data published for past years.1 A UEDB should be part of the Executive and Enacted budgets and should include prospective information showing the costs of all economic development programs for the coming fiscal year.2 To capture the full scope of economic development costs, a UEDB should bring together tax expenditures and spending at state agencies and authorities, as well as the value of discounted power offered by the New York Power Authority.

The push for those changes were prompted in part by the arrest last year of a formerly close aide to the governor, Joe Percoco, and the ex-president of SUNY Polytechnic, accused alongside prominent upstate developers of bribery and kickbacks in economic development spending.

This is a strategy broadly supported by the Organisation for Economic Cooperation and Development: it acknowledges the spending cuts are damaging the recovery, yes, but calls them «needed», too.

The time Trump spends at Mar - a-Lago means clogged roads and strict security protocols that hurt local businesses and frustrate residents, though economic development officials are ecstatic over the free publicity provided by news reporters» live waterfront shots.

ALBANY — The stopgap budget approved Monday by legislators not only keeps the state government operating, it also includes nearly $ 1.8 billion in appropriations for Gov. Andrew Cuomo's economic development projects — and no additional controls on such spending, despite months of legislative belly - aching.

That's how much the region's economic development officials say the online retailer could save over 20 years by putting the headquarters here compared with what the company spends on its headquarters in Seattle.

The Regional Economic Development Councils are expected to spend another $ 750 million on job creation projects by year's end.

The Assembly would go beyond that, requiring Cuomo to create a public, searchable database of all aspects of economic development spending, including by nonprofit entities created by the state, such as the controversial Fort Schuyler Management Corp..

This spending is listed under anonymous and undedicated funding lines cited as Community Service, Youth and Education, Economic Development, Advocacy and Environmental Protection and were all added to the budget by the Democratic legislators.

The budget would increase spending by two percent while expanding economic development and jobs programs and providing some protections for the poorest New Yorkers and immigrants.

Assembly Republican Leader Brian M. Kolb said New York state economic development spending outpaces every other state by a large measure.

The model used the state's laws and commonly used tax incentives to predict total economic development spending beyond numbers reported by state government.

In his annual address, Cuomo argued he'd reversed that trend by reducing state spending, lowering income tax rates and injecting taxpayer money into economic development projects throughout the state.

Among the ideas excluded from any final budget deal: creation of a database that the public could search for how much every recipient of economic development spending got and how many jobs they created; end the ability by limited liability companies to skirt campaign donation limits; give back certain contract pre-approval powers to the state Comptroller, the state's fiscal watchdog; strengthen the state's criminal laws to better define bribery of public officials; and create an independent watchdog agency to police ethics issues in Albany.

New York is spending more than ever in the name of economic development — $ 8.6 billion last fiscal year alone, according to an estimate by the Citizens Budget Commission, a nonpartisan group that tracks state spending.

Nixon added that «it was good that jobs were created» in the broader Buffalo Billion program, but she questioned the way in which economic development dollars are dedicated by the Cuomo administration and said more state money needs to be spent on crumbling infrastructure needs.

Turkey's fast - growing economy is among the 20 largest in the world, and by 2008 Turkey was spending 0.73 % of its gross domestic product on R&D, a larger percentage than Poland or the Slovak Republic, according to the Organisation for Economic Co-operation and Development.

Spending on innovation among the richest nations took a nosedive early last year and began a slow recovery in 2009 — shown in sharp relief by data in a report issued today by the Organisation for Economic Co-operation and Development (OECD).

But his statement issued immediately after the vote this morning by the Senate cautions Congress that the final agreement «should cut spending and reduce deficits without damaging economic growth or gutting investments in education, research, and development that will create jobs and secure our future.»

If they do, rather than calling for the unrealistic «end of the fossil fuel era,» they'd call on the «climate aid» to be spent on «improved public health, education and economic development,» as recommended by noted economist Bjorn Lomborg.

By contrast, despite spending over $ 2 trillion in 5 decades, aid programs have much less to show in terms of poverty reduction — or its ancillary benefits, e.g., reductions in hunger, disease, better health care and education, and greater adaptive capacity to deal with climate change and natural disasters — than does fossil fuel - powered economic development.

Whether consulting on investment opportunities, working with an economic development authority on a redevelopment project, or helping fill a vacant space for a building owner, RPR Commercial assists you in determining what businesses would be appropriate for a given location by looking at consumer spending data and seeing what business types are being underserved in the area.