June 13 2018
Economic Analysis, General

Commuting Trends Highlight Growing Regionalization of the Capital Region

Residents of the Capital Region and its outlying counties are increasingly crossing county and state lines – and traveling longer – to get to work. At the same time, greater shares of workers in the region’s neighboring counties in Massachusetts and Vermont are likewise commuting across state lines. Taken together,

June 13 2018
General, News

Success Story: GLOBALFOUNDRIES and the Capital Region’s Nanotech Assets

A long-awaited economic impact study released earlier this spring reached a conclusion that by now is not surprising to many in the Capital Region. The report’s authors, a Georgetown University research professor (Charles W. Wessner) and a semiconductor industry attorney, (Thomas R. Howell), said the economic payoffs of New York’s

May 16 2018
General, Regional/County Profiles

How Should the Capital Region Be Defined?

What is the Capital Region? The answer largely depends on who is asking and why. Are its boundaries being drawn to serve the purpose of a commercial market, community planning, tourism, standardized statistical reporting or economic development? With so many regional definitions circulating, it is easy to confuse them and

May 16 2018
Employment/Workforce, General

Area Has One of Northeast’s Smallest Pay Gaps for Women Working Full-Time

Women working full-time in the Albany-Schenectady-Troy metropolitan statistical area (MSA) face the smallest pay gap in upstate New York and the fourth smallest in the Northeast. Even more, those working in the local management, utilities and manufacturing sectors are closest to earning as much – if not more – than

April 17 2018
General, News

President’s Message – April, 2018

CEG has much planned for the coming months, including our 22nd Annual Technology Awards at the Rivers Casino. We are accepting nominations until April 27. If you know any tech startups, innovators, trailblazers, economic winners and against-the-odds success stories, nominate them today. Submit your nominations here. Registration for the June

April 17 2018
General

Success Story: Vital Vio’s Light Shines Brighter Years after VentureB Pitches

In September 2014, Colleen Costello was in the midst of taking her anti-bacterial lighting system startup, Vital Vio, to the next level. That summer the company, founded two years earlier by Costello and her fellow Rensselaer Polytechnic Institute (RPI) alumnus James Peterson, was in the process of tripling its three-person

March 10 2018
Employment/Workforce, General, News

Program in the works for apprenticeships

Times Union Buzz The Center for Economic Growth has been working hard to provide more workforce development programs to the region. After all, if you can’t find suitable workers for all the new jobs you create, you create problems for the companies you attract or get to grow here. One

March 8 2018
Clean Technology, General

CEG SolarGEN Helps SKS Bottle & Packaging Incorporate Solar Energy saving them $70,000 annually

SKS Bottle & Packaging, Inc. is a 31-year-old supplier of containers and caps to small and large businesses. The company’s innovative “kit” packs of plastic bottles and glass jars have become very popular among its customers in the beverage, medicinal, personal care, cosmetic and other industries and have fueled robust

March 5 2018
General, News

Behind low jobless rates, economic unease lingers

Times Union By: Eric Anderson Efforts to retain young workers aim to offset aging labor force At first glance, an economy where just 1.9 percent of workers are unemployed would seem like a good thing. That’s the jobless rate in Burlington, Vt. But dig a bit deeper, and you’ll find

February 9 2018
General

CEG Economic Development Week in Review – January 22 – January 26, 2018

  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 Upstate Magazine: HVCC, CEG help to build strong manufacturing worker

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