March 15 2024
Economic Analysis, General, Regional/County Profiles

Albany Metro Has NY’s Largest Population Gain in 2023

  1st largest annual population gain among NYS metros: Albany-Schenectady-Troy MSA 3rd largest annual population gain among NYS counties: Albany County 3rd largest annual increase in domestic migration among NYS counties: Warren County 5th largest annual population gain among NYS counties: Saratoga County The Albany-Schenectady-Troy metropolitan statistical area (MSA) in

September 28 2023
Biotechnology/Life Sciences/Pharmaceuticals, Economic Analysis, Employment/Workforce, Nanotechnology, Software/Gaming/IT

Global Site Selector IDs Capital Region’s Most Competitive Industry Clusters for CEG

Newmark Study will Guide CEG’s Industry Attraction and Growth Efforts   ALBANY, NEW YORK – At its annual meeting on Sept. 27, the Center for Economic Growth (CEG) unveiled the findings of a Targeted Attraction & Growth Plan by Newmark’s global strategy and site selection practice that identified the Capital

May 27 2022
Economic Analysis, Regional/County Profiles

More Pandemic Population Gains for Capital Region Cities, Towns and Villages

CEG launches CapNY Connectors to help residents and newcomers feel at home in the Capital Region All towns in Columbia, Greene & Schenectady counties grow All villages in Columbia and Greene counties grow 8 top 20 NYS fastest-growing towns in region (6 in Greene County) 5 top 20 NYS fastest-growing

March 14 2022
Economic Analysis, Entrepreneurship, News

Capital Region’s Startup Formation Rate is Upstate’s 2nd Highest

Startup formation throughout upstate New York has been second strongest in the Capital Region, according to a Center for Economic Growth analysis of data from U.S. Census Bureau Business Dynamics Statistics. Establishment Births Between 2015 and 2019, the eight-county Capital Region averaged 2,067 annual employer establishment births, or 8.4 percent

November 15 2021
Economic Analysis, Regional/County Profiles

A Reenvisioning of the Capital Region’s Rural Areas

An Urban Institute “Reenvisioning of Rural America” is honing in on the strengths and potential of the Capital Region’s rural communities while also concentrating the size of its rural footprint. Whereas the federal government has traditionally negatively defined rural areas as any non-urban areas, a new Urban Institute study instead

November 15 2021
Economic Analysis, Regional/County Profiles

These are the Capital Regions hottest ZIP Codes for Employer Growth

The Capital Region’s hottest ZIP code for net employer growth is the one covering Ballston Spa and Malta (12020), which includes GlobalFoundries’ Fab 8 chip fab. Other top employer-growing ZIP codes included Latham (12110), Rensselaer-East Greenbush (12144), Albany’s downtown and warehouse district (12207) and Queensbury-West Glens Falls (12804), according to

July 23 2021
Economic Analysis, Entrepreneurship, Regional/County Profiles

27 Capital Region Census Tracts with Indications of Broadband Need: NTIA

The National Telecommunications and Information Administration (NTIA) has identified 27 Census tracts in the Capital Region indicating a need for broadband due to their low Internet access and/or slow upload and download speeds, according to a Center for Economic Growth (CEG) analysis of the NTIA’s new Indicators of Broadband Need

July 23 2021
Economic Analysis, Employment/Workforce

Capital Region’s 2020 Wage Growth Was Strongest in NY, RensCo’s Strongest in Northeast

The Capital Region emerged as the only one of New York’s 10 economic development regions to see growth in total annual wages in 2020. The Capital Region also sustained the smallest percentage of job losses in the state last year. Even more, Rensselaer County’s wage growth was the strongest in

July 23 2021
Economic Analysis, Entrepreneurship, Regional/County Profiles

Capital Region Business Formation Increased through Pandemic

Business formation continued in the Capital Region throughout 2020 and despite the pandemic. Last year, 9,456 applications to form a business were filed in the eight-county Capital Region, up by 295 (3.2 percent) from the previous year, according to a Center for Economic Growth (CEG) analysis of new U.S. Census

May 12 2021
Economic Analysis

Capital Region Sees NY’s Biggest Increase in Single-Family Building Permits

Amid the pandemic in 2020, Capital Region single-family building permits grew at their fastest rate in 12 years. Even more, the eight-county region saw New York’s biggest year-over-year increase in the number of authorized single-family building permits, according to a Center for Economic Growth (CEG) analysis of U.S. Census Bureau

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