December 14 2020
COVID-19, Employment/Workforce, Manufacturing

Essential Manufacturers Helped Capital Region MFG Outperform NYS during Lockdown

The Capital Region’s manufacturing sector weathered the first full three months of the Coronavirus lockdown better than New York’s other economic development regions, owing largely to manufacturers in its essential chemical and computer and electronic product industries, according to a Center for Economic Growth (CEG) analysis of New York State

November 13 2020
Education/Training, Employment/Workforce, General

4 in 5 Employed Capital Region SUNY Undergrads Are Still NYers 5 Years Post-Grad

HVCC has highest 5-year, post-grad employment rate among NYS community colleges, SUNY ADK has 3rd About four in five Capital Region SUNY school graduates who were employed five years after receiving an associate’s or bachelor’s degree were still living in New York, according to a Center for Economic Growth (CEG)

October 13 2020
Economic Analysis, Employment/Workforce, General

The Capital Region is the Nation’s 4th Leading Destination for Relocating NYC Workers

ALBANY, NEW YORK – New U.S. Census Bureau data reveals the Albany-Schenectady-Troy metropolitan statistical area (MSA) is the nation’s fourth biggest attractor of greater New York City metro area workers who relocate for jobs, according to a Center for Economic Growth (CEG) analysis of U.S. Census Bureau Job-to-Job Flows Explorer

October 2 2020
Employment/Workforce, Manufacturing

MFG Day 2020: Capital Region Metros Lead NYS in Manufacturing Minority Worker Growth

The manufacturing sectors of the Capital Region’s major metropolitan areas are growing their ranks of minority workers more rapidly than those of other metros in the state. As a result of this growth, the Albany-Schenectady-Troy metropolitan statistical area (MSA) has gone from having the state’s fourth most racially diverse manufacturing

September 21 2020
Education/Training, Employment/Workforce, Manufacturing

MFG Day 2020: Local Manufacturing Outpaces All but 1 Sector for Growing Ranks of Young Workers

As the Capital Region celebrates Manufacturing Day Oct. 2, its manufacturing sector is growing its ranks of young workers faster than almost all other sectors, according to a Center for Economic Growth analysis U.S. Census Bureau QWI Explorer data. Young Worker Growth As a testament of manufacturing’s growing popularity in

September 16 2020
COVID-19, Economic Analysis, Employment/Workforce, General

The Capital Region Sectors and Occupations that Are Bouncing Back from COVID-19

Since COVID-19-related job losses peaked in April, the education services, retail trade and other sectors in the Albany-Schenectady-Troy metropolitan statistical area (MSA) have slowly bounced back. However, as of July, hard-hit sectors such as leisure and hospitality and healthcare and social assistance have been slow to reduce their year-over-year losses

August 12 2020
Employment/Workforce, Manufacturing, Nanotechnology, News

CEG to Serve as Group Sponsor for Apprenticeship Program for 50+ GLOBALFOUNDRIES Workers

FOR IMMEDIATE RELEASE ALBANY, NEW YORK – The Center for Economic Growth will be vastly expanding its role in skilling up the Capital Region’s workforce through a first-of-its-kind apprenticeship program for the semiconductor manufacturing industry. CEG has partnered with SEMI, the industry association representing the end-to-end electronics design and manufacturing

July 20 2020
COVID-19, Employment/Workforce

13,000 PPP Loans Were Approved throughout the Capital Region

As the coronavirus pandemic disrupted the economy, banks approved more than 13,000 loans under the Paycheck Protection Program (PPP) to support Capital Region businesses, according to a Center for Economic Growth (CEG) analysis of new U.S. Small Business Administration data. Regional PPP Impacts  Between April 3 and June 30, banks

July 16 2020
Advanced Materials, Biotechnology/Life Sciences/Pharmaceuticals, Clean Technology, Creative/Agriculture/Food, Economic Analysis, Employment/Workforce, General, Manufacturing, Nanotechnology, Regional/County Profiles, Software/Gaming/IT, Tourism, Trade/Transportation

Industry Assets & Economic Profiles

See CEG’s latest industry attraction promotional reports on key industry clusters and regional/county profiles. Between 2015 and 2019, CEG promoted the Capital Region at 78 industry attraction events in 41 cities worldwide. While the coronavirus pandemic has temporarily halted CEG’s travel to conferences, we continue to represent the region at

June 17 2020
COVID-19, Employment/Workforce, General

Capital Region Emerged from 1st Full Month of COVID-19 with NY’s Lowest Unemployment Rate

Demonstrating its resiliency, the Capital Region emerged from the first full month of the Coronavirus pandemic with not only the lowest unemployment rate among New York’s 10 economic development regions but also the 19th lowest among major commutersheds nationwide1, according to a Center for Economic Growth analysis of data from

Funding Partners