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 17 2020
General

Capital Region Tech Firms Receive $11M in Federal Seed Funding, 3 Startups Get First Awards

Several local startups received their first infusions of federal seed funding in fiscal 2019, pushing the Capital Region’s annual award total to $11.3 million, according to a Center for Economic Growth (CEG) analysis of U.S. Small Business Administration data. In 2019, 13 Capital Region small businesses received a total of

August 11 2020
Biotechnology/Life Sciences/Pharmaceuticals, General, R&D

The Research Connection – August 2020: Cancer Research Edition

Featured R&D projects: Transfer RNAs in Cancer Improving Targeted Therapies against Solid Tumors Targeting the Chaperone of Kidney Cancer Choice of anesthesia may affect breast metastases New inhibitor shows promise against metastatic prostate cancer A Tumor Model that More Closely Mimics the Body Protein Linked to Cancer Acts as a

July 16 2020
General, Regional/County Profiles

Saratoga County Is One of NY’s Most Resilient Communities to Disasters

Saratoga County is one of the state’s most resilient counties to weather-related disasters and disease outbreaks, based on its sizeable individual and household groups within the community that have the capacity and resources to overcome such hazardous events, according to a Center for Economic Growth analysis of new U.S. Census

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 18 2020
General

Success Story: Talent Connect Helps Newcomer from South Korea Find Her Calling

In August 2018, Sonya Kim moved to the Capital Region from South Korea after her husband, a chemical engineer, was transferred from Momentive Performance Materials’ R&D center in Seoul to its headquarters in Waterford. She didn’t know anyone in the area, and, with two young children, the elementary school system

June 17 2020
COVID-19, General

President’s Message: June, 2020

As we enter the summer and Phase 3 of the reopening of the Capital Region’s economy, we are starting to see glimmers of the “normal” way of life we knew before the coronavirus pandemic. People are at restaurants and beaches. We are getting haircuts and shopping at stores. At the

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

June 17 2020
General, Regional/County Profiles

Saratoga and Cohoes among NY’s Top 10 Fastest-Growing Cities

Saratoga Springs and Cohoes were among New York’s top 10 fastest-growing cites in 2019. The region also had two top 10 fastest-growing towns and the state’s fastest-growing village, according to a Center for Economic Growth (CEG) of U.S. Census Bureau estimates.   Cities In 2019, Saratoga Springs was the state’s

June 16 2020
Employment/Workforce, General

Capital Region Minority-Owned Businesses up 19%

The Capital Region’s ranks of minority- and women-owned businesses (MWBEs) have increased significantly over the last five years, according to a Center for Economic Growth (CEG) analysis of new U.S. Census Bureau data. The Census Bureau’s new American Business Survey found the region1 had 1,997 minority-owned businesses in 2017, up

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