October 17 2022
Regional/County Profiles

Albany Metro’s Work from Home Rate Tripled in 2021, Compared to Pre-Pandemic

Between 2019 and 2021, the number of people working from home (WFH) in the Albany-Schenectady-Troy metropolitan statistical area (MSA) more than tripled, though its WFH rate only rose to the 16th highest level in Northeast, according to a Center for Economic Growth (CEG) of new U.S. Census Bureau one-year estimates

June 13 2022
Regional/County Profiles

Capital Region Attracts More 20- and 30-Somethings

Twenty- and 30-somethings from both within and outside New York on average moved to the Capital Region in greater numbers between 2016 and 2020 than they did during the preceding five-year period. This migration inflow reverses a declining trend the region had seen with these demographics, according to a Center

May 27 2022
Economic Analysis, Regional/County Profiles

More Pandemic Population Gains for Capital Region Cities, Towns and Villages

CEG launches CapNY Connectors to help residents and newcomers feel at home in the Capital Region All towns in Columbia, Greene & Schenectady counties grow All villages in Columbia and Greene counties grow 8 top 20 NYS fastest-growing towns in region (6 in Greene County) 5 top 20 NYS fastest-growing

May 12 2022
General, Regional/County Profiles

Restaurant Revitalization Fund Poured $89M into Capital Region

Capital Region food service and drinking places last year received more than $89 million from the Restaurant Revitalization Fund (RRF) to help them continue operating during the pandemic. Almost half of the awardees used some of that funding for outdoor seating accommodations, and Saratoga County saw the largest influx of

May 12 2022
General, Regional/County Profiles

Capital Region Single-Family Building Permits Climb to 14-Year High

Permit Authorizations Grow Fastest in Greene and Columbia Counties New homes being built around Lupe Way in Colonie   The number of single-family building permits authorized in the Capital Region climbed to a 14-year high in 2021. Already seeing some of New York’s strongest growth in domestic movers, Columbia and

March 24 2022
General, News, Regional/County Profiles

Capital Region Sees Pandemic Population Gain, Led NY in Net Domestic Migration in 2021

  Capital Region was 1 of 2 NY region’s to annually grow population in 2021 Capital Region was NY’s leader for annual net domestic movers Saratoga County saw NY’s 2nd biggest gain in annual net domestic movers Saratoga County had third largest total population annual gain in state Greene County

March 7 2022
News, Regional/County Profiles, Software/Gaming/IT

Capital Region Digital Gaming Cluster Adds Jobs, Blockbuster Games & Esports Facilities

  24 studios 513 workers Large studio employment up 5.5% to 460 New fast-growing studio: Rushdown Studios 352 students in game design & development programs 346 students playing in national collegiate esports leagues New esports facilities coming to UAlbany, RPI   ALBANY, NEW YORK – The Capital Region’s Digital Gaming

January 12 2022
Regional/County Profiles

Columbia & Greene ZIPs Dominate Capital Region for Fastest Gross Income Growth

Even before the pandemic made the Capital Region’s southern counties popular destinations for relocating New Yorkers, 18 of the region’s top 20 fastest-growing ZIP codes for gross income gains were in Columbia and Greene counties, according to a Center for Economic Growth analysis of new IRS data. In 2019, 160

January 10 2022
General, Manufacturing, Regional/County Profiles

Albany’s MFG Sector Ranks in Top 10 among Mid-Sized Metros for Productivity

The Albany-Schenectady-Troy metropolitan statistical area’s manufacturing sector kept strongly producing during the pandemic in 2020, resulting in it having nineth-largest annual production growth among mid-sized metros nationwide. However, despite this sector’s strong performance, the Albany metro area last year sustained its first contraction in gross regional product (GRP) in more

December 14 2021
Regional/County Profiles

Personal Income in the Capital Region Grows at Fastest Rate in More than 3 Decades

Capital Region personal income last year grew at its fastest rate in 31 years, driven by a $1.8 billion year-over-year increase in unemployment insurance (UI) benefits and additional federal stimulus payments, according to a Center for Economic Growth analysis of new data from the U.S. Bureau of Economic Analysis (BEA).

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