An Urban Institute “Reenvisioning of Rural America” is honing in on the strengths and potential of the Capital Region’s rural communities while also concentrating the size of its rural footprint. Whereas the federal government has traditionally negatively defined rural areas as any non-urban areas, a new Urban Institute study instead
The Capital Region’s hottest ZIP code for net employer growth is the one covering Ballston Spa and Malta (12020), which includes GlobalFoundries’ Fab 8 chip fab. Other top employer-growing ZIP codes included Latham (12110), Rensselaer-East Greenbush (12144), Albany’s downtown and warehouse district (12207) and Queensbury-West Glens Falls (12804), according to
See CEG’s latest county profiles below. These new promotional materials provide business leaders and talent with insights into the strength of the regional economy and why they should relocate or expand here. Select the link on each image to download the profile. The following county economic profiles are available
The National Telecommunications and Information Administration (NTIA) has identified 27 Census tracts in the Capital Region indicating a need for broadband due to their low Internet access and/or slow upload and download speeds, according to a Center for Economic Growth (CEG) analysis of the NTIA’s new Indicators of Broadband Need
Business formation continued in the Capital Region throughout 2020 and despite the pandemic. Last year, 9,456 applications to form a business were filed in the eight-county Capital Region, up by 295 (3.2 percent) from the previous year, according to a Center for Economic Growth (CEG) analysis of new U.S. Census
The Capital Region’s ability to attract higher-earning taxpayers helped offset a small contraction in its base of individual income tax filers in 2019, resulting in an annual net gain of wealth, as measured by adjusted gross income (AGI), according to a Center for Economic Growth analysis of new Internal Revenue
Amid the pandemic and as a transformative redevelopment project neared completion on Starbuck Island, Green Island emerged as New York’s fastest-growing town and village in 2020. Three more towns and three more villages from the Capital Region also ranked among state state’s fastest-growing communities, according to a Center for Economic
Faced with slowing international migration and a widening gap between births and deaths, the Capital Region sustained a slight annual population decline in 2020 – the smallest in the state. However, at the same time, the region housed the state’s fastest-growing county and three of New York’s seven counties that
New York’s Capital Region is a leading location for same-sex couples. Among micropolitan statistical areas (µSAs), the Hudson µSA has the third greatest percentage of same-sex couple households1 of all coupled households. Even more, among mid-sized metropolitan statistical areas (MSAs),2 the Albany-Schenectady-Troy MSA has the 37th highest percentage of same-sex
Recent years have seen several Fortune 500 companies enter or expand their presence in the Capital Region market, either through acquisitions (BD, Fluor, Activision, Arthur J. Gallagher & Co.) or new developments (Applied Materials, Amazon). Here is a list of 29 Fortune 500 companies with significant ties1 to the Capital
