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[QUOTE="OrangeTarheel, post: 5561568, member: 887"] I don’t know anything about development in Syracuse but here in North Carolina I’ve seen several large projects slow down considerably. A couple different possible things that are common between here and NY: - the economy is bad with lots of unemployment and underemployment - not having BLS data helps mask how bad it’s getting. As someone who hires I can tell you there are lots of people getting axed and while its sometimes due to federal budget cuts that’s just one part of it. - the reality at the federal level is that the new administration wants companies to bend the knee or make a donation to them. If not you end up on the naughty list which makes for a very uncertain operating environment. Just look at the gifts being made to the administration in an attempt to win favor. I don’t mean this as a political post it’s just the reality of this administration. Other things mentioned here also seem possible. One consequence of my second point is that companies will start locating overseas rather than deal with such uncertainty. We are already seeing a serious brain drain after the federal administration decided to pick fights with research universities over grant money. High tech companies surely see this administration’s attitude towards science and that has to affect their calculations as well. [/QUOTE]
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