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

Troopers: Bainbridge murder suspect is NYPD retiree

Crime 3

Authorities say the suspect charged with killing a 26-year-old upstate New York man and wounding his father during an apparent road-rage incident is a retired New York City police officer.

in Local

Man dies after pickup hits deer; overturns on I-88

deer3

Police say a 35-year-old man has been killed after his pickup truck hit a deer on an upstate New York highway and overturned, ejecting him from the vehicle.

in Local

UPDATE: Ithaca lawmakers vote against pay bump for council, consider raise for mayor

myrick entourage

Ithaca city lawmakers talked about raises as part of budget negotiations for 2015 on Wednesday night

in Local

Education a hot topic in NY as election nears

school

With the Common Core taking a hit during an education-heavy campaign season, a coalition supporting the learning standards has released an analysis that concludes repealing them would be a costly mistake.