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State Contract and Payment Actions in October

In October, the Office of the State Comptroller approved 1,553 contracts for state agencies and public authorities valued at $1.6 billion and approved more than 2.5 million payments worth more than $11.2 billion.

Hero Banner - Chanukah

“As we celebrate this Festival of Lights, we extend our best wishes for a peaceful and joyous Chanukah to all of our Jewish friends.”

Hero Banner - Thanksgiving

“We wish you and your loved ones good health and safety as you gather to enjoy the people and parts of life for which we are most thankful. Happy Thanksgiving!”

Small Businesses and the Economic Recovery: Work in Progress

Businesses in New York were more severely impacted by the COVID-19 pandemic in the spring of 2020 than in the rest of the nation, and the negative impacts on small businesses with less than 500 employees persist. In addition, small businesses report facing new challenges with hiring difficulties and with supply chains. Nevertheless, one in five small businesses reported a return to normal operations in October 2021, there have been significant improvements in several sectors, and applications for new businesses are surging, which bodes well for the economic recovery.