Two Capital Region cities were among New York’s top 10 for fastest-growing cities in 2018. With a 223 year-over-year population gain (0.3 percent), Schenectady was the state’s sixth fastest-growing city, and Saratoga Springs’ 68-person annual gain (0.2 percent) made it the 10th, according to a Center for Economic Growth (CEG) analysis of new U.S. Census
For the Top Economic Development News of the Month, CEG selects news articles about projects or developments that promise to improve and/or transform the Capital Region’s economy, particularly those that related to manufacturing and initiatives outlined in, Capital 20.20, a five-year, multi-pronged plan for bringing economic prosperity to the entire region. To learn about more
The Capital Region again was state’s second-fastest growing region in 2018. The eight-county region last year had a population of 1,084,941, up 248 from the previous year. The only region with stronger year-over-year growth was the Mid-Hudson Region at 0.1 percent, according to a Center for Economic Growth analysis of new U.S. Census Bureau data.
The Capital Region averaged an unemployment rate 3.8 percent last year – the lowest annual rate since 2001. That also continued a trend that has been playing out for more than a quarter of a century in which the eight-county region’s rate has registered below the nation’s, according to a Center for Economic Growth (CEG)
Between 2012 and 2017 the Capital Region’s large rural counties gained farms, but the area’s total agricultural footprint shrunk during that period due to losses in more urban counties, according to a Center for Economic Growth (CEG) analysis of new data from the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS). Overview NASS’s 2017
