October 23 2024
Employment/Workforce, Manufacturing, News

CEG Launches “What’s So Cool About Manufacturing®, Capital Region”

10 local schools and 10 MFGs to participate in 1st-of-its-kind-in-NY student video contest (Oct. 23, 2024) – The Center for Economic Growth (CEG) is launching a first-of-its-kind contest in New York State that encourages middle school students to engage with local manufacturers and produce real-world, project-based videos that highlight “What’s

August 15 2024
Employment/Workforce, Manufacturing

Capital Region MFG Workforce with Associate’s Eclipses High School Grads

Workers with some college or an associate’s degree are increasingly outnumbering those with a high school diploma or equivalent (e.g., GED) in the Capital Region’s manufacturing sector, according to a Center for Economic Growth (CEG) analysis of data from the U.S. Census Bureau’s QWI Explorer. In 2008, the eight-county Capital

August 15 2024
Employment/Workforce

High School-Aged Worker Employment Hits 15-Year High in the Capital Region

Employment among the Capital Region’s high school-aged workers climbed to a 15-year high in 2023, driven by job gains in the construction and restaurant industries, according to a Center for Economic Growth (CEG) analysis of data from the U.S. Census Bureau’s Longitudinal Employer-Household Dynamics.   In 2023, the eight-county Capital

July 15 2024
Employment/Workforce

These ZIP Codes lead the Capital Region for Business and Job Growth Since the Pandemic

The ZIP codes covering parts of Clifton Park, Slingerlands and East Greenbush have added the most jobs in the Capital Region since the start of the pandemic, according to a Center for Economic Growth (CEG) analysis of new U.S. Census Bureau County Business Pattern statistics. Between mid-March 2020 and mid-March

June 11 2024
Employment/Workforce, Manufacturing

Capital Region Manufacturing Employment Reaches 22-Year High

  The Capital Region’s manufacturing sector continued to grow in 2023 and climbed to a 22-year employment high. The region also experienced its largest annual increase in manufacturing employer establishments in more than two decades, according to a Center for Economic Growth (CEG) analysis of new data for the New

March 15 2024
Employment/Workforce, Research & Development

Capital Region Tech R&D Industry Sets New Employment Record

Employment in the Capital Region’s high-tech R&D industry last summer surpassed an 18-year high, with Albany County driving that growth. This employment growth follows increases in R&D spending by local universities and businesses in the eight-county region, according to a Center for Economic Growth (CEG) analysis of data from the

January 12 2024
Employment/Workforce, Regional/County Profiles

Columbia and Greene Counties have NY’s 1st and 3rd Fastest-Growing Median Household Incomes

Columbia and Greene Counties had New York’s first and third fastest-growing median household incomes in 2022, according to a Center for Economic Growth (CEG) analysis of new data from the U.S. Census Bureau’s Small Area Income and Poverty Estimates (SAIPE) program. Columbia-Greene In 2022, Columbia County’s median household income was

October 13 2023
Employment/Workforce

These Counties Are the Top Drivers of Out-of-State Commuters into the Capital Region

The leading sources of out-of-state commuters who work in the Capital Region are Berkshire, Bennington and Rutland counties. But beyond these neighboring counties, Orange County Florida and San Diego County, California are the next leading sources of out-of-state commuters, according to a Center for Economic Growth analysis of U.S. Census

September 28 2023
Biotechnology/Life Sciences/Pharmaceuticals, Economic Analysis, Employment/Workforce, Nanotechnology, Software/Gaming/IT

Global Site Selector IDs Capital Region’s Most Competitive Industry Clusters for CEG

Newmark Study will Guide CEG’s Industry Attraction and Growth Efforts   ALBANY, NEW YORK – At its annual meeting on Sept. 27, the Center for Economic Growth (CEG) unveiled the findings of a Targeted Attraction & Growth Plan by Newmark’s global strategy and site selection practice that identified the Capital

September 15 2023
Employment/Workforce

Work-from-Home Workforce Shrinks in Capital Region

More than 14,000 workers in the Albany-Schenectady-Troy metropolitan statistical area (MSA) stopped working from home in 2022, though the region’s WFH ranks remained more than double what they were before the pandemic, according to a Center for Economic Growth Analysis of new one-year estimates from the U.S. Census Bureau’s American

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