The Business Journals - Week of March 21, 2022

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AWARD WINNING EDITORIAL

INCLUDING THE HUDSON VALLEY MARCH 21, 2022 VOL. 58, No. 12

westfaironline.com

HOW IS THE UKRAINE WAR IMPACTING THE U.S. ECONOMY? BY PHIL HALL Phall@westfairinc.com

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he effects of Russia’s war in Ukraine on the U.S. economy are generating a new level of concern among investors. But according to John Traynor, chief investment officer at Bridgeport-based People’s United Advisors, the underlying

BY PETER KATZ

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strength of the economy can withstand the negative resonance coming from the conflict. “The invasion has roiled energy markets, driven the near-term price of crude oil to levels not seen since 2008 and raised all the commodity prices, including wheat and aluminum, while compounding global supply chain concerns and threatening world peace,”

(top) The bombed out city center of Khakriv, Ukraine. Photo by Depositphotos.com. (bottom) A view from Kyiv, the capital of Ukraine. Photo by Depositphotos.com

said Traynor during the recent “Market Insights and Outlook” webinar sponsored by People’s United Advisors. “All of these effects will almost certainly feed into higher inflation and make the job of central bankers trying to control inflation all the more difficult. Additionally, they will almost certainly reduce global

U.S. ECONOMY

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Greenburgh reaches out to attract businesses

Pkatz@westfairinc.com he town of Greenburgh has launched a program designed to help attract new businesses to the community while helping commercial

landlords and real estate agents as well as the town’s residents. The effort is anchored by the new website at the address greenburghedo.com that provides a centralized location to find available business sites, economic develop-

ment resources and employment opportunities with private business and the town itself. Greenburgh Town Supervisor Paul Feiner explains that the new website has real estate listings covering vacant commercial

properties in Greenburgh’s key business districts: Central Avenue, Route 119, Saw Mill River Road; and East Hartsdale Avenue. It also contains a lot of other information designed to help businesses. The website provides links

to information on assistance the town of Greenburgh offers to local businesses, county business programs and incentives, New York state incentive programs and information on employment

GREENBURGH

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