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

August 7 2017
General, News

Success Story: CEG BGS Helps Simmons Machine Tool Corporation Adopt Lean Practices and Align Them With Its Accounting Practices

Right: A programmable robot grasps a bearing to be pressed onto a wheel set. For 117 years, Simmons Machine Tool Corporation has been manufacturing specialized machine tools and automation systems that the railway industry uses for rail wheel set maintenance and production. The Albany company employs about 100 people at its North Broadway facility, where

July 14 2017
General, Regional/County Profiles

Where’s NY’s Fastest Growing City, Town and Village? Hint: In the Capital Region

The Capital Region pulled off a population hat trick in 2016, housing the state’s fastest-growing city, town and village on a year-over-year basis: Cohoes, Malta and Waterford, respectively, according to a Center for Economic Growth analysis of U.S. Census Bureau estimates. For a second consecutive year, Cohoes has ranked as New York’s fastest growing city,

July 12 2017
General

President’s Message – July, 2017

First Year Forward It has truly been a remarkable year at the Center for Economic Growth (CEG). I am constantly amazed by the outpouring of support we’ve received from our partners in the business, academic, government and nonprofit communities. I’m also impressed by how much CEG has changed with a renewed mission and clear set

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