April 17 2018
Economic Analysis, Regional/County Profiles

Capital Region Population Growth Regains Momentum

The Capital Region was New York’s second fastest-growing region in 2017, with its population increasing over the year by 2,795, or 0.3 percent. This represented a return to more robust growth following three years of marginal gains. Over the past five years, the region’s population has grown by 0.4 percent, the third fastest rate in

October 20 2017
Economic Analysis, News

Albany vs. Seattle: The case for Amazon’s $5B headquarters

Albany Business Review By: Michael DeMasi In making its case for why Albany, New York, should become the home of Amazon.com Inc.’s second corporate headquarters, the Center for Economic Growth compared the city and region against one that’s very familiar to CEO Jeff Bezos: Seattle. It’s an interesting choice because Albany isn’t competing against Seattle

August 8 2017
Economic Analysis, General

Capital Region Kept Pace with Peer Metros in 2016

The Capital Region’s economic performance in 2016 was on par with its peer metropolitan statistical areas (MSAs) nationwide and bested all other comparable metros in upstate. Among 14 MSAs with similar populations and economies, the Capital Region ranked in the middle of them (8th) when their 2016 economic performance was scored by the Center for

August 8 2017
Economic Analysis, Employment/Workforce, General

Capital Region Continues to Attract Millennials

The Capital Region is increasingly being recognized as a hot spot for millennials, and particularly those fresh out of college or starting their professional careers. Forbes in June ranked Albany the nation’s 21st best city for young professionals, tying Atlanta. That followed ValuePenguin’s ranking of the Albany-Schenectady-Troy metropolitan statistical area (MSA) as the nation’s sixth

July 14 2017
Economic Analysis, Employment/Workforce

Emerging Issues: Capital Region Demand for on-Demand (Freelance) Services

Region’s ranks of nonemployers grows slower than NY, US While businesses nationwide are increasingly utilizing on-demand services provided by independent contractors to perform work traditionally reserved for employees, new U.S. Census Bureau data indicates workers and employers in the eight-county region remain to favor traditional employment arrangements. Between 2012 and 2015, the region’s ranks of

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