March 8 2018

Albany Area Port Imports Climb to 15-Year High

Imports last year continued to gain steam at Albany area ports, climbing to a 15-year high. In 2017, area ports registered imports with a vessel shipping weight totaling 1.3 million kilograms, up 6.2 percent from 2016 and up 94 percent from five years earlier. The ports’ total imported shipping weight last year was the highest

December 6 2017

Where Capital Region Exports Are Growing

Last year, the Capital Region  made significant inroads in exporting merchandise to several world regions, particularly South America, Central America, the Middle East and Africa, according to a Center for Economic Growth analysis of International Trade Administration (ITA) data. Fastest-Growing Export Regions In 2016, Albany-Schenectady-Troy metropolitan statistical area (MSA) merchandise exports totaled $4.1 billion*. Among

September 8 2017
General, Manufacturing, Trade/Transportation

Global Trade Opportunities in the Capital Region

Despite a strong U.S. dollar (USD) and weaker global demand, Capital Region exports held steady in 2016, according to a Center for Economic Growth (CEG) analysis of new Brookings Institution estimates. Exports throughout the eight counties last year totaled $5.978 billion, up 7.3 percent from five years earlier. Impacting that growth was the U.S. dollar’s

March 7 2017

Capital Region’s Logistics & Distribution Industry Boosted by Vessel Imports

Last year, the Albany, New York metro area increased imports carried by vessels, giving the Capital Region’s burgeoning logistics and distribution industry a boost, according to a Center for Economic Growth (CEG) analysis of U.S. Census Bureau USA Trade Online data. Vessel Imports In 2016, 1.2 billion kilograms, or 1.3 million tons, of imports were unloaded

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