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
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
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 –
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
The Capital Region’s number of active licenses issued for breweries, wineries, distilleries, cideries and meaderies has increased by more than 20 percent over the past two years, and their employment growth is even more robust according to the Center for Economic Growth’s biennial survey of the regional craft industry. As
In 2022, employment in seven Capital Region sectors climbed to their highest levels in more than 20 years. While that was the most sectors in any of New York’s 10 economic development regions to break two-decade employment records, the Capital Region was 20,000 jobs short of its pre-pandemic total, according
The Capital Region’s labor force last spring for the first time saw its total number of workers rise above pre-pandemic benchmark levels, according to a Center for Economic Growth analysis of preliminary data from the New York State Department of Labor.Last April – the same month the U.S. declared the
As employers struggle to fill jobs, Capital Region manufacturers, retailers and warehousing operators are having better success at attracting workers from other sectors than they did before the pandemic, when compared to employers in healthcare and construction, according to a Center for Economic Growth (CEG). Fewer Job Flows In
Sand and gravel mining operations for Callanan Industries (left), R.J. Valente (right). As road crews head out this spring to work on roads and other construction projects, they are being supported by a mining industry in the Capital Region that has grown to one of the
CEG Tours German MFGs for Apprenticeship Best Practices Morcon Tissue, Eagle Bridge Employment in Capital Region’s manufacturing sector last summer grew to its highest level in more than two decades – driven by manufacturers such as Plug Power, BelGioioso Cheese, Morcon Tissue and Medline Industries, according to a Center
