The Capital Region’s minority population has grown by 11.5 percent over the past five years and it is increasing most rapidly in Saratoga and Warren counties. Minorities already represent a quarter of the population of one county in the region and a second is on track to cross that mark
Despite a strong U.S. dollar (USD) and weaker global demand, Capital Region exports held steady in 2016, according to a Center for Economic Growth (CEG) analysis of new Brookings Institution estimates. Exports throughout the eight counties last year totaled $5.978 billion, up 7.3 percent from five years earlier. Impacting that
The Capital Region’s economic performance in 2016 was on par with its peer metropolitan statistical areas (MSAs) nationwide and bested all other comparable metros in upstate. Among 14 MSAs with similar populations and economies, the Capital Region ranked in the middle of them (8th) when their 2016 economic performance was
The Capital Region is increasingly being recognized as a hot spot for millennials, and particularly those fresh out of college or starting their professional careers. Forbes in June ranked Albany the nation’s 21st best city for young professionals, tying Atlanta. That followed ValuePenguin’s ranking of the Albany-Schenectady-Troy metropolitan statistical area
Right: A programmable robot grasps a bearing to be pressed onto a wheel set. For 117 years, Simmons Machine Tool Corporation has been manufacturing specialized machine tools and automation systems that the railway industry uses for rail wheel set maintenance and production. The Albany company employs about 100 people at
The Capital Region pulled off a population hat trick in 2016, housing the state’s fastest-growing city, town and village on a year-over-year basis: Cohoes, Malta and Waterford, respectively, according to a Center for Economic Growth analysis of U.S. Census Bureau estimates. For a second consecutive year, Cohoes has ranked as
First Year Forward It has truly been a remarkable year at the Center for Economic Growth (CEG). I am constantly amazed by the outpouring of support we’ve received from our partners in the business, academic, government and nonprofit communities. I’m also impressed by how much CEG has changed with 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 Times Union: Solar energy from CEG shines from the rooftops
CEG Accelerates in Q1 Economic development happens when the interests of multiple parties from the public and private sectors align to help a new or existing business expand, recover or relocate. Although a not-for-profit business, The Center for Economic Growth (CEG) has reached a $6 million target for our Accelerate capital
The Capital Region’s economic engine continues to run strong, with the number of standard (passenger) vehicles registered in 2015 growing at the second fastest annual rate among of the state’s 10 regions, according to a Center for Economic Growth (CEG) analysis of recently released New York State Department of Motor
