November 14 2023
Regional/County Profiles

Albany’s Natural Hazard Risk Is Lower Than Most Top STEM Hubs

Among the principal counties of the nation’s top 50 metropolitan statistical areas (MSAs) for science, technology, engineering and mathematics (STEM) professionals, Albany County has the fifth lowest overall risk from expected annual loss due to natural hazards. Albany is also the second most capable STEM Hub to prepare and respond

October 13 2023
Regional/County Profiles

Albany Metro Has NY’s 4th Lowest Percentage of Severely Cost-Burdened Households

The Albany-Schenectady-Troy metropolitan statistical area (MSA) has one of New York’s lowest percentages of households severely cost-burdened by rents and home ownership, but their ranks are increasing faster than most other metros in the state, according to a Center for Economic Growth (CEG) analysis of U.S. Census Bureau American Community

September 14 2023
Employment/Workforce, Regional/County Profiles

The Counties to Where Capital Region Workers Are Increasingly Commuting

Commuter flows from Washington County to Saratoga County have surged over the past five years, according to a Center for Economic Growth (CEG) analysis of new U.S. Census Bureau American Community Survey estimates. Between 2016 and 2020, an average 4,687 Washington County residents commuted to Saratoga County for work –

September 14 2023
Employment/Workforce, Entrepreneurship, Regional/County Profiles

Pandemic Hit NY’s Gig Economy, but Nonemployer $$ up only in the Capital Region

The first year of the pandemic took its toll on the ranks of freelancer, independent contractors and other nonemployer establishments in regions across New York, but the Capital Region was the only one where their total sales, value of shipments, or revenues increased. While Capital Region nonemployer establishment losses were

July 12 2023
Regional/County Profiles

Capital Region Has NY’s Fastest-Growing Hispanic Population, 2nd Fastest Black/African American

In 2022, the Capital Region had New York’s fastest-growing Hispanic population – and the state’s second fastest-growing black and African American population, according to a Center for Economic Growth (CEG) analysis of new U.S. Census Bureau estimates. And recently released statistics from the 2020 decennial census also reveal that the

June 12 2023
News, Regional/County Profiles

Albany’s Population Grew in 2022

The City of Albany was one of only seven cities in New York State that saw an annual population gain in 2022, while the City of Saratoga Springs experienced its first loss of residents in 12 years. During the same period, a quarter of the Capital Region’s towns and nearly

June 12 2023
General, Regional/County Profiles

2020 Census Shows Strong Housing Growth in NY’s Capital Region

Householders Living Alone Emerge as Driving Force in Regional Housing Market, Especially in Saratoga County   ALBANY, NEW YORK – As New York struggles with a shortage of homes for sale and for rent, new statistics from the 2020 Decennial Census show the Capital Region led upstate in growing its

May 16 2023
General, Regional/County Profiles

Capital Region Rural Counties Saw Tax Migration Net Gains in 2021

In 2021 Columbia Ranks 3rd for Adjusted Gross Income Net Gain, Saratoga 1st for Individual Net Gain The Capital Region’s rural counties in 2021 continued to be among the state’s top net attractors of movers and income, especially those relocating to Columbia and Greene Counties, according to a Center for

May 16 2023
Entrepreneurship, Regional/County Profiles

GoDaddy: Capital Region leads NYS for Microbusiness Growth Since Pandemic Started

The Capital Region leads New York for growing its ranks of microbusinesses with websites since the start of the pandemic, according to data from the largest domain registrar GoDaddy.   Between 2020 and 2022, the number of active GoDaddy-registered microbusinesses in the eight-county Capital Region increased by 6.2 percent to

April 17 2023
News, Regional/County Profiles, Research & Development

CEG Economic Development Week in Review April 10 – April 14, 2023

Stay up-to-date on business and economic development happenings in the Capital Region with the CEG Economic Development Week in Review. Don’t miss out on the developments that are transforming the region by following us on: CEG IN THE NEWS Troy Record: Capital Region digital gaming cluster stays 500 strong, with

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