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

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

March 1 2019
General

CEG Economic Development Week in Review – February 25 – March 1, 2019

  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 Saratogian: Event connects vets with helpful services, agencies The Record:

February 11 2019
General

Despite Low Unemployment, Key Sectors are Disproportionately Impacted

In 2018, the Capital Region had its fewest number of unemployed workers in 17 years. The eight-county region averaged 21,800 unemployed workers last year – 48 percent below the peak level of unemployment in 2010, according to New York State Department of Labor data. That stark decline, however, does not

February 8 2019
General, News

CEG Economic Development Week in Review – February 4 – February 8, 2019

  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: Albany area found to be well-insulated from downsides

February 1 2019
General

CEG Economic Development Week in Review – January 28 – February 1, 2019

  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 REGIONAL ECONOMIC DEVELOPMENT NEWS PrimaLoft to sell its new biodegradable

January 25 2019
General

CEG Economic Development Week in Review – January 21 – January 25, 2019

  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: SUNY Poly looks to the future  Saratogian: Build4Scale

January 16 2019
Economic Analysis, General

Capital Region Market Value Exceeds $61 Billion

According to the latest federal statistics on the gross domestic product of U.S. counties, the Capital Region has the third highest per capita GDP in the New York and has the state’s third fastest-growing GDP. Regional GDP The U.S. Bureau of Economic Analysis (BEA), which measures and reports on the

January 3 2019
General, News, Veterans

CEG Establishing the Veteran Connect Center to Replenish Region’s Ranks of Veterans

AAA Hudson Valley and BBL Foundation are Center’s first sponsors ALBANY – With the Capital Region projected to lose a quarter of its working-age veterans over the next 10 years, the Center for Economic Growth (CEG) is spearheading an effort that aims to attract to the area and assist transitioning

December 5 2018
General

Success Story: Capital Region 2018 Rankings Roundup

In 2018, Capital Region towns, cities and counties were listed in more than three dozen statewide and nationwide rankings, which recognized their outstanding economic performance and quality of life. Below is a full listing of the eight-county region’s listings (ordered by the ranking source). Ranking (Source): 10 Best Small Town

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