August 24 2018
General

Economic Development Week in Review: August 20- August 24, 2018

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: Plug Power will create 97 jobs at new Clifton

July 18 2018
General, News

President’s Message – July, 2018

  Accelerate Update Two years after announcing the Accelerate Capital Campaign, CEG continues to see new companies and regional organizations becoming investors and helping shape the Capital Region’s economy. Our newest investors are: • Bender Lane Advisory • BestPass Inc. • Black Chamber of Commerce • The Bonadio Group •

July 2 2018
General

Economic Development Week in Review: June 25 – June 29, 2018

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: Saratoga Springs to host semiconductor conference in October Business

June 13 2018
Economic Analysis, General

Many Capital Region Communities Were among NY’s Fastest-Growing in 2017

Three of New York’s top 10 fastest-growing cities were in the Capital Region in 2017. Even more, on a year-over-year basis, the eight-county region also housed the state’s second and third fastest-growing towns and fastest-growing village, according to a Center for Economic Growth (CEG) analysis of new U.S. Census Bureau

June 13 2018
Economic Analysis, Employment/Workforce, General

Local Homeownership Rate Rises for First Time in 8 Years. What Does that Mean for the Labor Force?

The area’s homeownership rate last year rose for the first time since 2010. The uptick in this rate may provide clues to the area’s coinciding increase in its unemployment rate for the first time in six years, though economists remain divided over whether there is not only correlative but also

June 13 2018
Economic Analysis, General

Commuting Trends Highlight Growing Regionalization of the Capital Region

Residents of the Capital Region and its outlying counties are increasingly crossing county and state lines – and traveling longer – to get to work. At the same time, greater shares of workers in the region’s neighboring counties in Massachusetts and Vermont are likewise commuting across state lines. Taken together,

June 13 2018
General, News

Success Story: GLOBALFOUNDRIES and the Capital Region’s Nanotech Assets

A long-awaited economic impact study released earlier this spring reached a conclusion that by now is not surprising to many in the Capital Region. The report’s authors, a Georgetown University research professor (Charles W. Wessner) and a semiconductor industry attorney, (Thomas R. Howell), said the economic payoffs of New York’s

May 16 2018
General, Regional/County Profiles

How Should the Capital Region Be Defined?

What is the Capital Region? The answer largely depends on who is asking and why. Are its boundaries being drawn to serve the purpose of a commercial market, community planning, tourism, standardized statistical reporting or economic development? With so many regional definitions circulating, it is easy to confuse them and

May 16 2018
Employment/Workforce, General

Area Has One of Northeast’s Smallest Pay Gaps for Women Working Full-Time

Women working full-time in the Albany-Schenectady-Troy metropolitan statistical area (MSA) face the smallest pay gap in upstate New York and the fourth smallest in the Northeast. Even more, those working in the local management, utilities and manufacturing sectors are closest to earning as much – if not more – than

April 17 2018
General, News

President’s Message – April, 2018

CEG has much planned for the coming months, including our 22nd Annual Technology Awards at the Rivers Casino. We are accepting nominations until April 27. If you know any tech startups, innovators, trailblazers, economic winners and against-the-odds success stories, nominate them today. Submit your nominations here. Registration for the June

Funding Partners