Defense & Aerospace Profile
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Highlights DARPA awards to Capital Region firms totaled $29.6 million over last five years. FY2025 DARPA awards in Capital Region up 293.4% from previous year. NY-20 ranks 26th in U.S. and 6th in Northeast for DARPA awards over last five years. The Capital Region is one of the top
Highlights The Capital Region was New York’s second fastest growing region in 2025. Saratoga County was the fifth fastest-growing county in New York. Albany County had the sixth largest annual population increase in New York. Saratoga County led the state for net domestic migration. The Capital Region was New York’s
The Albany-Schenectady-Troy metropolitan statistical area (MSA) last year saw its number of inter-county commuters surpass pre-pandemic levels as the ranks of Saratoga County residents working from home decreased and those working in other counties increased, according to a Center for Economic Growth analysis of new one-year estimates from the U.S.
Saratoga County was New York’s sixth fastest-growing county for housing units in 2024, according to a Center for Economic Growth analysis of U.S. Census Bureau estimates. Between July 1, 2023 and July 1, 2024, the eight-county Capital Region’s inventory of housing units increased by 2,039 (0.4 percent) to 542,470.
The Capital Region’s ranks of gig workers increased by nearly 2,000 in 2023 as more people delivered packages for online companies and rented real estate, according to a Center for Economic Growth (CEG) analysis of new data from the U.S. Census Bureau Nonemployment Series. In 2023, the eight-county region had
In 2024, Schenectady had the fifth largest net gain of new residents among cities statewide and Troy had the ninth, according to a Center for Economic Growth (CEG) analysis of U.S. Census Bureau data. In a year when the eight-county Capital Region emerged as the state’s third fastest-growing region, seven
The Capital Region in 2024 had New York’s second largest increase in single-family building permit approvals, boosted by developer activity in Columbia, Rensselaer, Saratoga and Warren counties, according to a Center for Economic Growth analysis of new data from the U.S. Census Bureau. Regional Performance (Single-Family) In 2024, municipalities in
As spring blooms in the Capital Region, new statistics show that half of its residents live within a half mile of a park, according to a Center for Economic Growth (CEG) analysis of new data from County Health Rankings & Roadmaps (CHR&R), a program of the University of Wisconsin Population
Saratoga and Schenectady counties Lead state for domestic migration The Capital Region was New York’s third fastest-growing region for population in 2024, according to a Census for Economic Growth analysis of U.S. Census Bureau statistics. Region Performance Between July 1, 2023 and July 1, 2024, the eight-county Capital Region’s population