March 14 2019
Economic Analysis, General, Regional/County Profiles

Capital Region Opportunity Zone Highlights

Even before New York State designated 20 Capital Census Tracts as Opportunity Zones in 2018, half of them had growing populations and four in five had increasing ranks of employed residents. The federal Opportunity Zones community development program is now promising to build on that momentum and is already attracting millions of dollars in private

January 16 2019
Economic Analysis, General

Capital Region Market Value Exceeds $61 Billion

According to the latest federal statistics on the gross domestic product of U.S. counties, the Capital Region has the third highest per capita GDP in the New York and has the state’s third fastest-growing GDP. Regional GDP The U.S. Bureau of Economic Analysis (BEA), which measures and reports on the GDP of the nation and

November 12 2018
Economic Analysis

Economic Impacts of Capital Region Nonprofits

Nonprofit organizations are playing an important role in supporting the Capital Region’s economic growth. In forming the backbone of the region’s creative economy, training the workforce and providing an abundance of outdoor recreational opportunities, they are helping the Center for Economic Growth (a nonprofit) and the Capital Region Economic Development Council (CREDC) advance New York

October 11 2018
Economic Analysis, Manufacturing, Regional/County Profiles

Growth in the Capital Region’s Mining Industry

The Capital Region’s mining industry has become the area’s fastest-growing sector and the largest of its kind in the state in terms of jobs. Mining Jobs Averaging 959 employees in 2017, the eight-county region’s mining sector has grown by 40.6 percent over the past five years. During that time, employment in the region’s sector surpassed

August 8 2018
Economic Analysis, Employment/Workforce

Capital Region Economic Stability

Last May, the Capital Region’s unemployment rate dropped below 4 percent, ending its third longest steak above that level since 1990 (23 months). Often referred to as a threshold, either psychological or arbitrary, the sub-4 percent rate signals economic strength. However, issues remain about sustainability. Although the region has taken few trips below this threshold

Funding Partners