April 4 2019
General, R&D

The Capital Region Has 1.58M in Academic R&D space, More on the Way

The Capital Region continues to maintain a vast footprint of academic research and development space, and it is poised to get bigger with new construction projects underway at the University at Albany and Union College and another planned at SUNY Polytechnic Institute, according to a Center for Economic Growth (CEG) analysis of new data from

April 4 2019
General, Manufacturing

Nearly 12% increase in Federal Defense Spending in the Capital Region

Department of Defense (DoD) spending for work primarily performed in the Capital Region rose  over the year by 12.2 percent in fiscal 2017. In fiscal 2017, the amount the federal government owed1 for unclassified contract and grant award transactions was $151.1 million for work primarily performed in the eight-county region2, according to a Center for

March 14 2019
Economic Analysis, General, Regional/County Profiles

Capital Region Opportunity Zone Highlights

Even before New York State designated 20 Capital Census Tracts as Opportunity Zones in 2018, half of them had growing populations and four in five had increasing ranks of employed residents. The federal Opportunity Zones community development program is now promising to build on that momentum and is already attracting millions of dollars in private

March 11 2019
General, Software/Gaming/IT

Capital Region’s Game Development Cluster Is Growing

Large studio employment up 5.6%, Strong demand among independent studios for game development incubator/game space ALBANY, NEW YORK – Large employers within the Capital Region’s video game development cluster have added 5.6 percent more jobs over the past year, and they are all poised to continue growing, according to a Center for Economic Growth (CEG)

March 6 2019
Education/Training

Women STEM Degrees up 7.4% in Capital Region

Girls in STEM registration opens today Fueled by gains in computer science and engineering technologies, the Capital Region’s ranks of women STEM graduates increased over the year by 7.4 percent in 2017. That year, women received 1,153 STEM degrees from the eight-county region’s traditional colleges and universities. On top of that, they received 1,221 STEM-related

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