January 22 2021
News

Week in Review: January 18 – January 22, 2021

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 Times Union: Capital Region part of the $1 billion research spending

January 15 2021
News

Week in Review: January 11 – January 15, 2021

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 Times Union: Coronavirus research fuels record level of federal research grants

January 14 2021
Economic Analysis, General, Regional/County Profiles

Capital Region’s Productivity Hit 14-Year High in 2019

Just before the pandemic, the Capital Region experienced its strongest gross regional product (GRP) growth in 14 years, with a jump in productivity in the Glens Falls metropolitan statistical area (MSA) pushing the annual output total over the top, according to a Center for Economic Growth (CEG) analysis of new

January 12 2021
Regional/County Profiles

Capital Region Has 20th Highest Concentration of Households with High-Speed Broadband Subscriptions

As 2021 opens with the likelihood of several more months of work from home and virtual classes, the Capital Region will benefit having one of the nation’s highest concentrations among metropolitan commutersheds1 of households with high-speed broadband subscriptions.2 The region also has as one of the smallest gaps between households

January 12 2021
R&D

Capital Region’s Academic R&D Footprint Spans 1.5M Square Feet

Skidmore set to double R&D space with CIS, Ualbany preps ETEC for June opening The Capital Region’s academic research and development footprint spanned 1.5 million square feet in 2019 and promises to stretch farther with several building projects in the pipeline. Most notably among those developments are the University at

January 12 2021
R&D

Capital Region Businesses Spent $1B+ on R&D in 2018

Capital Region businesses continue to spend more than $1 billion on research and development, making it one of only 51 metros nationwide to surpass that threshold, according to a Center for Economic Growth (CEG) analysis of new data from the National Center for Science and Engineering Statistics (NCSES). R&D spending

January 12 2021
Biotechnology/Life Sciences/Pharmaceuticals, General, News, R&D

Capital Region Nets $81.5M in NIH Awards – Most in 12 Years

FOR IMMEDIATE RELEASE GE Research receives record amount of NIH awards, Union prof’s neuro-exergame in clinical trials   ALBANY, NEW YORK – In fiscal 2020, the Capital Region’s Life Sciences Cluster received its greatest amount of National Institutes of Health (NIH) awards in 12 years, when adjusting for inflation. The

January 11 2021
News

Economic Development Month in Review: December, 2020

For the Top Economic Development News of the Month, CEG selects news articles about projects or developments that promise to improve and/or transform the Capital Region’s economy, particularly those that related to manufacturing and initiatives outlined in, Capital 20.20, a five-year, multi-pronged plan for bringing economic prosperity to the entire

January 8 2021
News

Week in Review: January 4 – January 8, 2021

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: REGIONAL ECONOMIC DEVELOPMENT NEWS First Prize Center redevelopment gets financing and demolition permits “Four years

January 4 2021
News

Week in Review: December 28, 2020 – January 1, 2021

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 Albany Business Review: RAD Soap Co. contracts with Pine Ridge Industries

Funding Partners