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
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
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
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
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
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
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
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
In response to the coronavirus outbreak, the Center for Economic Growth is leveraging our extensive economic development expertise and status as a federally designated Manufacturing Extension Partnership center to provide the Capital Region’s business community with technical and disaster assistance support. In the past two weeks alone, we’ve consulted with
There is a tremendous amount of information for businesses on how to respond to the coronavirus pandemic and its impacts on operations. It can be overwhelming. That is why the Center for Economic Growth has compiled this list of 25 links we believe are important to both Capital Region employers
