Last November, when CEG held our 30th anniversary and annual meeting, the Capital Region’s support for our organization and its mission of driving economic growth throughout the region was on full display. More than 400 people joined us at the Hall of Springs in Saratoga Springs, making it our best-attended
Capital Region newcomers Richie and Bruce Hunter In June of 2016, Bruce and Richie Hunter moved from Houston to Rensselaer County after Richie was appointed as Rensselaer Polytechnic Institute’s Vice President of Strategic Communications and External Relations. Having previously lived in Colorado and California, the Hunters were
In 2017, Capital Region towns, cities and counties were listed in two dozen statewide and nationwide rankings, which recognized their outstanding economic performance and quality of life. Some notable rankings included the appearance of Albany on ZipRecruiter’s Fastest-Growing Tech Towns (4th), the Hudson micropolitan statistical area (µSA) on the National
Amazon’s nationwide search for a site for a $5 billion second headquarters (HQ2) – where it plans to employ up to 50,000 full-time employees – is emphasizing the importance of metros not only creating creating talent but retaining it as well. And that is something Capital Region cities are doing
More and more Capital Region businesses, nonprofits and government agencies are recognizing the need for a regional economic development organization to accelerate the growth of our economy and ensure prosperity reaches all of its eight counties. We continue to exceed our $6 million “Accelerate” capital campaign and are proud to
The Capital Region’s minority population has grown by 11.5 percent over the past five years and it is increasing most rapidly in Saratoga and Warren counties. Minorities already represent a quarter of the population of one county in the region and a second is on track to cross that mark
Despite a strong U.S. dollar (USD) and weaker global demand, Capital Region exports held steady in 2016, according to a Center for Economic Growth (CEG) analysis of new Brookings Institution estimates. Exports throughout the eight counties last year totaled $5.978 billion, up 7.3 percent from five years earlier. Impacting that
The Capital Region’s economic performance in 2016 was on par with its peer metropolitan statistical areas (MSAs) nationwide and bested all other comparable metros in upstate. Among 14 MSAs with similar populations and economies, the Capital Region ranked in the middle of them (8th) when their 2016 economic performance was
The Capital Region is increasingly being recognized as a hot spot for millennials, and particularly those fresh out of college or starting their professional careers. Forbes in June ranked Albany the nation’s 21st best city for young professionals, tying Atlanta. That followed ValuePenguin’s ranking of the Albany-Schenectady-Troy metropolitan statistical area
Right: A programmable robot grasps a bearing to be pressed onto a wheel set. For 117 years, Simmons Machine Tool Corporation has been manufacturing specialized machine tools and automation systems that the railway industry uses for rail wheel set maintenance and production. The Albany company employs about 100 people at
