Department of Defense (DoD) spending for work primarily performed in the Capital Region rose over the year by 12.2 percent in fiscal 2017. In fiscal 2017, the amount the federal government owed1 for unclassified contract and grant award transactions was $151.1 million for work primarily performed in the eight-county region2,
Even before New York State designated 20 Capital Census Tracts as Opportunity Zones in 2018, half of them had growing populations and four in five had increasing ranks of employed residents. The federal Opportunity Zones community development program is now promising to build on that momentum and is already attracting
Large studio employment up 5.6%, Strong demand among independent studios for game development incubator/game space ALBANY, NEW YORK – Large employers within the Capital Region’s video game development cluster have added 5.6 percent more jobs over the past year, and they are all poised to continue growing, according to a
Stay up-to-date on business and economic development happenings in the Capital Region with the CEG Economic Development Week in Review. Don’t miss out on the developments that are transforming the region by following us on: CEG IN THE NEWS Saratogian: Event connects vets with helpful services, agencies The Record:
In 2018, the Capital Region had its fewest number of unemployed workers in 17 years. The eight-county region averaged 21,800 unemployed workers last year – 48 percent below the peak level of unemployment in 2010, according to New York State Department of Labor data. That stark decline, however, does not
Stay up-to-date on business and economic development happenings in the Capital Region with the CEG Economic Development Week in Review. Don’t miss out on the developments that are transforming the region by following us on: CEG IN THE NEWS Times Union: Albany area found to be well-insulated from downsides
Stay up-to-date on business and economic development happenings in the Capital Region with the CEG Economic Development Week in Review. Don’t miss out on the developments that are transforming the region by following us on: CEG IN THE NEWS REGIONAL ECONOMIC DEVELOPMENT NEWS PrimaLoft to sell its new biodegradable
Stay up-to-date on business and economic development happenings in the Capital Region with the CEG Economic Development Week in Review. Don’t miss out on the developments that are transforming the region by following us on: CEG IN THE NEWS Times Union: SUNY Poly looks to the future Saratogian: Build4Scale
According to the latest federal statistics on the gross domestic product of U.S. counties, the Capital Region has the third highest per capita GDP in the New York and has the state’s third fastest-growing GDP. Regional GDP The U.S. Bureau of Economic Analysis (BEA), which measures and reports on the
AAA Hudson Valley and BBL Foundation are Center’s first sponsors ALBANY – With the Capital Region projected to lose a quarter of its working-age veterans over the next 10 years, the Center for Economic Growth (CEG) is spearheading an effort that aims to attract to the area and assist transitioning
