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

June 8 2020
COVID-19, General

CEG Webinar Series, Part X: 3 Questions on COVID-19 Reopening with LeChase Construction & Bergmann Architects

CEG continues our free webinar series, offering insight on the COVID-19 pandemic’s impact on business and strategies for reopening.  To familiarize you with the presenters and their unique perspectives on the crisis, CEG has asked them to respond to three questions. Webinar 10: Preconstruction Planning: Understanding it’s Importance and How

May 26 2020
COVID-19, General

President’s Message – May, 2020

The Capital Region’s economy is now reopening after being largely shutdown for the last two months. The Center for Economic Growth responded to the shutdown by emerging as what the Rockefeller Institute of Government has called an Economic First Responder. And now as the regional economy reopens, we will pivot

April 3 2020
COVID-19, Employment/Workforce, General

CEG’s Job Search Tools for Capital Region Workers Displaced by COVID-19

In this unprecedented time of economic disruption, the Center for Economic Growth recognizes there are many people in the Capital Region in urgent need of employment. We have the tools to help connect Capital Region employers with our local talent now seeking jobs. Let CEG leverage our resources to help

April 1 2020
COVID-19, Employment/Workforce, General

SBA Releases Details on Paycheck Protection Program

The Small Business Administration (SBA) has released details on the $349 billion Paycheck Protection Program (PPP) that was included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act that was enacted last week. SBA 7(a) lenders may begin processing loans as soon as April 3. However, small businesses impacted

March 27 2020
COVID-19, Employment/Workforce, General, Manufacturing

The 10 Things in the COVID-19 Stimulus Package that Capital Region Businesses Must Know

Congress passed a $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act. Many Capital Region businesses will need the funding and financial tools it provides to recover from the economic disruptions caused by COVID-19. The Center for Economic Growth is helping local businesses identify stimulus-related funding programs as well as

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