Just before the pandemic, the Capital Region experienced its strongest gross regional product (GRP) growth in 14 years, with a jump in productivity in the Glens Falls metropolitan statistical area (MSA) pushing the annual output total over the top, according to a Center for Economic Growth (CEG) analysis of new
As 2021 opens with the likelihood of several more months of work from home and virtual classes, the Capital Region will benefit having one of the nation’s highest concentrations among metropolitan commutersheds1 of households with high-speed broadband subscriptions.2 The region also has as one of the smallest gaps between households
Nearly 250 lenders approved $1.6 billion in Paycheck Protection Program (PPP) loans for Capital Region businesses, with the construction, healthcare and social assistance, and professional and technical services sectors receiving the most in relief funds. KeyBank emerged as the eight-county region’s leading PPP lender, with its total loan amount and
Saratoga County is one of the state’s most resilient counties to weather-related disasters and disease outbreaks, based on its sizeable individual and household groups within the community that have the capacity and resources to overcome such hazardous events, according to a Center for Economic Growth analysis of new U.S. Census
See CEG’s latest industry attraction promotional reports on key industry clusters and regional/county profiles. Between 2015 and 2019, CEG promoted the Capital Region at 78 industry attraction events in 41 cities worldwide. While the coronavirus pandemic has temporarily halted CEG’s travel to conferences, we continue to represent the region at
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 had New York’s second fastest-growing county over the year, and the 10-year growth of its largest metropolitan area has earned it the title of “The City Americans Are Flocking to in New York.” New U.S. Census Bureau estimates show Schenectady County’s population totaled 155,299 in 2019, up
The gross regional product (GRP) of the Capital Region’s private sector increased over the last five years by 6.1 percent, boosted by robust growth in the real estate, information, health care and manufacturing sectors, according to a Center for Economic Growth analysis.1 Regional Performance GRP is defined as “the market
Tech and Navy hubs are major contributors to region’s population A county containing a large U.S. Navy base in South Carolina and two more counties with major tech hubs in Arizona and Massachusetts are sending more population “flows,” or movers, to the Capital Region than any other outside of New
The Capital Region is one of only three state economic development regions that has maintained its ranks of young adults grow over the last five years – and New York City is not one of them. In fact, out of New York’s 62 counties, only 17 grew their young adult
