Local

County economy dips slightly in May

The Tompkins County economy fell slightly in May after a record high in the month of April.

Ithaca College Economist Elia Kacapyr’s index shows employment took a significant hit, but he says he isn’t too worried about the figures going forward.

Tompkins County lost 1,200 jobs in May, but there are 600 more jobs than in May of last year.

Home sales dipped nearly 21% in May, which accounts for the drop in economic activity, but Kacapyr says that’s because there is less inventory on the market.

He says median sales prices jumped nearly $50,000 compared to the same period last year.

Kacapyr predicts steady growth for the economy as the summer progresses.

More Local Headlines

in Local

Vigil for Freddie Gray held in Ithaca; protesters block Aurora Street

IMG_0908

Protesters in Ithaca blocked traffic on the 100 block of North Aurora Street as part of a vigil for Freddie Gray.

in Local

Cornell ends investigation into reported burglary involving student

cornell police

Cornell Police had been investigating the incident that happened one day prior to a meeting of the university’s Board of Trustees.

in Local

Skelos, NY Senate leader, says he is innocent of corruption charges

capitol

The charges include extortion and soliciting bribes.

in Local

Police: Man dies in crash during dirt track race in Southern Tier

Crime 3

Accident happened Sunday afternoon at Broome Tioga Raceway in Lisle

in Local

New York Senator releases report on sex-related crimes in military communities

gillibrand

Kirsten Gillibrand says crimes against military wives, civilians often aren't counted in reports