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Syracuse, New York has been named “America’s 6th Most Affordable City to do Business,” and the “32nd Best Place to Live,” in the newest edition of Places Rated Almanac. The diverse business economy in Syracuse has enabled it to fare better than a lot of other communities in upstate New York during the recession of 2001. Although some manufacturing jobs have been lost, the service industry rose to an all time high in hiring. Syracuse has slowly moved from a manufacturing-centered economy toward the services and knowledge-based economy of the future. More and more companies are moving to the Syracuse area, while others have their roots firmly established here. The Greater Syracuse Economic Growth Council was formed in 1996 to develop and promote the city and its surrounding communities to the global marketplace as a logical choice to locate and operate a business. The Chamber of Commerce’s Entrepreneurial Council was formed in 1999 to help provide an array of programs to support the development of entrepreneurial ventures in Greater Syracuse.


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