Almost half of all local income is going to just 20 percent of area residents. Business First analyzed new numbers from the U.S. Census Bureau. Researchers say the richest 20 percent of Buffalo area residents earned about 48 percent of total local income last year. On the reverse, the poorest 20 percent earned just 3.5 percent of total local income. In New York City, the richest 20 percent earned 53 percent of income. Numbers in Syracuse, Rochester and Albany were similar to Buffalo.
Niagara University will triple the size of its nursing programs. The university is adding two new bachelor-degree programs next year. School officials say the goal is to handle the ongoing shortage of nurses. Niagara closed its nursing program in 2002, but restarted it in 2006 and now has a partnership with Catholic Health.
Business First will host a Business Growth Expo at the Adam's Mark Hotel, on October 20, to connect business leaders and help them grow products and services. It features a trade show, business seminars and luncheon with the author of Achieve Brand Integrity. You can call 541-1624 for more information or go to the newslinks section at wkbw.com for a link to registration.