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Month: March 2025

The Confidence Of Business Leaders Increases As More See A Brighter Future

Posted onMarch 24, 2025

The Index of Upstate Business Leader Confidence increased by 18 points from 60.8 to 78.8 this year, according to the 18th annual Upstate New York Business Leader Survey from Siena College Research Institute (SCRI) sponsored by the Business Council of New York State, Inc, UHY Advisors, Inc. and HVEDC.

While still well below a score of 100 that signals equal degrees of optimism and pessimism, 31 percent of Upstate CEOs, up from only 18 percent last year, expect business conditions in New York to improve over the coming year.

Again this year, only 11 percent of CEOs say New York’s government is doing an excellent or good job creating a business climate in which companies can succeed and only 15 percent are confident in the ability of state government to improve the business climate. The survey completed immediately after the November election of Donald Trump finds a 22-point increase from 13-35 percent of CEOs now expressing confidence in the federal government’s ability to improve business conditions for New York companies.

Thirty-eight percent, up from 29 percent last year, predict increasing revenues in 2025 while 28 percent, up from 21 percent a year ago, anticipate growing profits in the year ahead. Fifty-eight percent, up from 50 percent last year, plan to invest in fixed assets this year in order to meet growing demand, reduce costs or enhance productivity. While 29 percent of CEOs plan to increase their workforce this year, only 19 percent say that there is an ample supply of local workers that are appropriately trained for their employment needs. On a number of job readiness traits including technical skills, work ethic and initiative, CEOs give applicants overall poor grades. At the same time, 66 percent say that they are having trouble recruiting and 25 percent are having difficulty retaining employees.

“Despite little faith in New York’s government, Upstate CEOs are more optimistic about business conditions this year, and expect a better 2025,” said Siena College Research Institute Director Don Levy.

“Over half of CEOs call on Albany to cut spending and reform both business and personal taxation and of all the challenges they face, the ‘winner’ is governmental regulation,” Levy said. “Concerns over adverse economic conditions, supplier costs and global political instability have eased a bit as Trump, engendering more confidence among CEOs than Biden did, assumed the Presidency. As the new administration takes the reins, New York CEOs are more optimistic – albeit guardedly – towards the future than they were a year ago.”

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Saratoga Community Acupuncture Applies Business Model That Makes Treatment More Affordable

Posted onMarch 24, 2025March 24, 2025

By Susan Elise Campbell

When he was in his teens, Jacob Laurent picked up books at Crandall Library about acupressure, massage, and therapies that help relieve people of pain. Years later Laurent would apply what he had researched about the science of acupuncture along with his own experience, and a new career path formed.

That path lead to Saratoga Springs Community Acupuncture, which opened the end of last year at 18 Lake Avenue in downtown Saratoga. The occasion was marked by a ribbon cutting with Saratoga Chamber of Commerce in December.

“I was already adjacent to the industry because my wife, Lauren Burke, is a massage therapist,” he said. “She had been considering a transition from massage to acupuncture for a few years, so we decided to enroll in a masters program and do it together.”

Laurent and Burke scouted out educational opportunities and chose the three-year program at New England School of Acupuncture, the nation’s oldest accredited acupuncture college. They graduated two years ago, passed the board exams, and obtained their state licenses.

Acupuncture is a treatment of choice worldwide for growing numbers of sufferers of back pain, migraines, or even a minor sports injury, as well as stress and anxiety. It provides a pain-free way to get results and avoid harsh drugs and ultimately surgery without side effects, Laurent said. 

“I am passionate about helping people through the power of traditional Chinese medicine,” he said. “Acupuncture is based on the ancient method of harmonizing internal networks, or meridians.”  

But the business model Laurent and Burke chose for their practice is quite contemporary and, according to him, a growing trend.

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Make-A-Wish Vermont And Northeast New York Chapters Complete Planned Merger

Posted onMarch 24, 2025

Make-A-Wish Vermont and Make-A-Wish Northeast New York have announced the completion of their merger into one regional chapter. The unified organization will continue under the leadership of Jamie Hathaway, who has served as President and CEO of Make-A-Wish Vermont for the past decade. This unification creates a single chapter serving Vermont, the Adirondacks, Lake Champlain region, and the Capital Region of New York, serving a community spanning 20,000 square miles.

The merger formalizes a successful partnership that began nearly two years ago when the chapters began operating under shared leadership. “By unifying our chapters, we are enhancing our ability to serve wish children and their families across our communities,” says Jamie Hathaway, President & CEO. “Our combined resources and expertise allow us to grant wishes more efficiently while maintaining the personal touch that makes each wish special.”

Leslie Motter, president and CEO of Make-A-Wish America, added, “This merger reflects our core value of community, showcasing the benefits of working together to have the greatest impact possible on the children and families we serve. We congratulate the teams in Vermont and Northeast New York on this achievement and are confident that this new chapter will deliver hope and joy to even more children battling critical illnesses.”

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