The Capital Region is New York’s second leading economic development region in reducing its ranks of people in poverty, according to a Center for Economic Growth (CEG) analysis of U.S. Census Bureau five-year estimates. Regions Between 2015 and 2019, the eight-county Capital Region averaged 108,471 people below the poverty level.
By the end of summer, Capital Region clothing stores and personal service providers such as hair and beauty salons experienced the biggest employment rebounds while food services and beverage places, such as restaurants, sustained the heaviest job losses, according to a Center for Economic Growth analysis of new data from
The Capital Region’s manufacturing sector weathered the first full three months of the Coronavirus lockdown better than New York’s other economic development regions, owing largely to manufacturers in its essential chemical and computer and electronic product industries, according to a Center for Economic Growth (CEG) analysis of New York State
HVCC has highest 5-year, post-grad employment rate among NYS community colleges, SUNY ADK has 3rd About four in five Capital Region SUNY school graduates who were employed five years after receiving an associate’s or bachelor’s degree were still living in New York, according to a Center for Economic Growth (CEG)
ALBANY, NEW YORK – New U.S. Census Bureau data reveals the Albany-Schenectady-Troy metropolitan statistical area (MSA) is the nation’s fourth biggest attractor of greater New York City metro area workers who relocate for jobs, according to a Center for Economic Growth (CEG) analysis of U.S. Census Bureau Job-to-Job Flows Explorer
The manufacturing sectors of the Capital Region’s major metropolitan areas are growing their ranks of minority workers more rapidly than those of other metros in the state. As a result of this growth, the Albany-Schenectady-Troy metropolitan statistical area (MSA) has gone from having the state’s fourth most racially diverse manufacturing
As the Capital Region celebrates Manufacturing Day Oct. 2, its manufacturing sector is growing its ranks of young workers faster than almost all other sectors, according to a Center for Economic Growth analysis U.S. Census Bureau QWI Explorer data. Young Worker Growth As a testament of manufacturing’s growing popularity in
Since COVID-19-related job losses peaked in April, the education services, retail trade and other sectors in the Albany-Schenectady-Troy metropolitan statistical area (MSA) have slowly bounced back. However, as of July, hard-hit sectors such as leisure and hospitality and healthcare and social assistance have been slow to reduce their year-over-year losses
FOR IMMEDIATE RELEASE ALBANY, NEW YORK – The Center for Economic Growth will be vastly expanding its role in skilling up the Capital Region’s workforce through a first-of-its-kind apprenticeship program for the semiconductor manufacturing industry. CEG has partnered with SEMI, the industry association representing the end-to-end electronics design and manufacturing
As the coronavirus pandemic disrupted the economy, banks approved more than 13,000 loans under the Paycheck Protection Program (PPP) to support Capital Region businesses, according to a Center for Economic Growth (CEG) analysis of new U.S. Small Business Administration data. Regional PPP Impacts Between April 3 and June 30, banks
