U.S. Chamber of Commerce ranks New York State 10 in growth, productivity and livability.

New York – The Empire State’s large, complex economy performed well across all measures,placing in the top 25 in six of seven. The state moved up 11 spots in this year’s performancerankings due to rapid GSP expansion and per capita personal income growth. New York is fourthin GSP per job and ninth in per-capita personal income growth in the past decade. Much of thisgrowth has been driven by the rebound in various high-value nance sectors. The state’s privatecolleges and universities also expanded rapidly, adding nearly 55,000 jobs for a rate of growth of30%.

If you are a business looking to relocate to be closer to a potential Canadian Market entry or a Canadian entrepreneur looking to enter the U.S. market regardless of you business type it may be the right time to take a look at Western New York State and the Niagara Region in particular.

This has always been a Manufacturing, Trade and Transportation community.  Times and markets have changed over the past 30 years, but, the infrastructure remains in place.  We have two airports.  One is a completely rebuilt domestic airport in the City of Buffalo serving over 5 million passengers per year and an in process, new passenger terminal with runway upgrades, international airport 17 miles to the northwest in Niagara Falls.  That facility offers a near 11,000 ft main runway which has handled the massive Ukrainian built  Antonov An-225 twice.  The aircraft flew compressors to Saudi Arabia.

The is also the untapped possibility of transforming a portion of the airport into a facility as a cargo center for the export or Fruits (Apples, Pears, Grapes), Dairy Products (Mile and Cheeses), High Quality Wine to the growing Middle East, and Asian Markets.

A smart investor would consider the cost savings to be had for terminating charter flights at Niagara Falls and beginning tours in this region.  There are millions to be saved in landing and handling fees over those incurred at New York JFK/EWR and Toronto YYZ.  It really doesn’t matter where the tour begins does it?   As long as all the interested sights are visited the travel does not care.  The low cost of the airport allows you to do one of two things.  Lower the cost of the tour to be the competition or maintain the current pricing and still increase your profit margin.

It really does not hurt to take a close look at the Niagara Region possibilities.