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).

November 15 2021
Economic Analysis, Regional/County Profiles

A Reenvisioning of the Capital Region’s Rural Areas

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

November 15 2021
Economic Analysis, Regional/County Profiles

These are the Capital Regions hottest ZIP Codes for Employer Growth

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

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