September 11 2024
Regional/County Profiles

NYC Taxpayer Migration to Capital Region Remains above Pre-Pandemic Levels

The wave of taxpayers moving from New York City’s three largest boroughs to the Capital Region subsided in 2022 but remained above pre-pandemic levels, according to a Center for Economic Growth (CEG) analysis of new IRS tax migration data. Regional Inflow Migration During the 2021-2022 tax year, 3,522 individuals covered

September 11 2024
Regional/County Profiles

High-Speed Internet Adoption in Saratoga County Is 2nd Highest in NYS

Saratoga County has the state’s second highest adoption rate for wired Internet access services, according to a Center for Economic Growth (CEG) analysis of new U.S. Census Bureau experimental data. In 2022, 83.9 percent of households in Saratoga County had subscriptions to Internet access technology, such as cable or fiber

July 15 2024
Regional/County Profiles

These Age and Race Demographics Are Boosting the Area’s Population the Most

The Albany-Schenectady-Troy metropolitan statistical area’s 2023 annual population gain – the largest in the state – was partly driven by its ability to attract or retain black and African American, Asian, multi-racial residents as well as 30-somethings, according to a Center for Economic Growth (CEG) of new U.S. Census Bureau

June 11 2024
Regional/County Profiles

Capital Region added 2,800 Housing Units in 2023, 3rd Most in NYS

The Capital Region had New York’s third largest annual gain in housing units in 2023, according to a Center for Economic Growth analysis of U.S. Census Bureau estimates. Between July 1, 2022 and July 1, 2023, the Capital Region saw its estimated number of housing units increase by 2,788 (0.5

May 16 2024
Regional/County Profiles

Cohoes and Albany See 3rd and 4th Biggest Population Gains among NYS Cities

Cohoes, Albany and Rensselaer had some of the biggest annual population gains among New York cities in 2023. At the same time, in Saratoga County, Corinth was the eighth biggest-gaining village in the state, and Milton was the fifth biggest-gaining town, according to a Center for Economic Growth (CEG) analysis

May 13 2024
Regional/County Profiles

CEG In The News: April 2024

 See the below articles from the past month for news about CEG: CEG Announcements/Op-eds/Media Mentions Times Union: ‘1960s’ look in Wadsworth Lab proposal derided ABC 27: Livingston Energy Group Awarded Contract with New York State Office of General Services as EV Charging Provider The Journal News: Money names best places

May 13 2024
Regional/County Profiles

Single-Family Building Permits Hit 15-Year High in Columbia County

Capital Region building permitting activity for single-family homes in 2023 slowed to its slowest pace in a dozen years. At the same time, however, single-family permit approvals hit a 15-year high in Columbia County and multi-unit approvals were at a seven-year high in Rensselaer County, according to a Center for

April 12 2024
Regional/County Profiles

Some Capital Region Counties Saw Labor Forces Fully Recover from Pandemic in 2023

The Capital Region over the year regained 6,600 workers for its labor force in 2023, but it remained below its pre-pandemic strength. At the same time, two Capital Region counties fully recovered and expanded their labor forces from previous peak levels in 2019, according to a Center for Economic Growth

March 15 2024
Regional/County Profiles

Adjusted Gross Income Grows by $6.6B in Capital Region, $1.8B in Downtown Saratoga

Between 2020 and 2021, the adjusted gross income (AGI) income of Capital Region taxpayers increased by $6.6 billion – with nearly a third of that gain being concentrated in the Saratoga Springs 12866 ZIP code. While higher wages and salaries and capital gains drove up the region’s AGI, the number

March 15 2024
Economic Analysis, General, Regional/County Profiles

Albany Metro Has NY’s Largest Population Gain in 2023

  1st largest annual population gain among NYS metros: Albany-Schenectady-Troy MSA 3rd largest annual population gain among NYS counties: Albany County 3rd largest annual increase in domestic migration among NYS counties: Warren County 5th largest annual population gain among NYS counties: Saratoga County The Albany-Schenectady-Troy metropolitan statistical area (MSA) in

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