July 15 2024
Regional/County Profiles

These Age and Race Demographics Are Boosting the Area’s Population the Most

The Albany-Schenectady-Troy metropolitan statistical area’s 2023 annual population gain – the largest in the state – was partly driven by its ability to attract or retain black and African American, Asian, multi-racial residents as well as 30-somethings, according to a Center for Economic Growth (CEG) of new U.S. Census Bureau

June 11 2024
Regional/County Profiles

Capital Region added 2,800 Housing Units in 2023, 3rd Most in NYS

The Capital Region had New York’s third largest annual gain in housing units in 2023, according to a Center for Economic Growth analysis of U.S. Census Bureau estimates. Between July 1, 2022 and July 1, 2023, the Capital Region saw its estimated number of housing units increase by 2,788 (0.5

May 16 2024
Regional/County Profiles

Cohoes and Albany See 3rd and 4th Biggest Population Gains among NYS Cities

Cohoes, Albany and Rensselaer had some of the biggest annual population gains among New York cities in 2023. At the same time, in Saratoga County, Corinth was the eighth biggest-gaining village in the state, and Milton was the fifth biggest-gaining town, according to a Center for Economic Growth (CEG) analysis

May 13 2024
Regional/County Profiles

CEG In The News: April 2024

 See the below articles from the past month for news about CEG: CEG Announcements/Op-eds/Media Mentions Times Union: ‘1960s’ look in Wadsworth Lab proposal derided ABC 27: Livingston Energy Group Awarded Contract with New York State Office of General Services as EV Charging Provider The Journal News: Money names best places

May 13 2024
Regional/County Profiles

Single-Family Building Permits Hit 15-Year High in Columbia County

Capital Region building permitting activity for single-family homes in 2023 slowed to its slowest pace in a dozen years. At the same time, however, single-family permit approvals hit a 15-year high in Columbia County and multi-unit approvals were at a seven-year high in Rensselaer County, according to a Center for

April 12 2024
Regional/County Profiles

Some Capital Region Counties Saw Labor Forces Fully Recover from Pandemic in 2023

The Capital Region over the year regained 6,600 workers for its labor force in 2023, but it remained below its pre-pandemic strength. At the same time, two Capital Region counties fully recovered and expanded their labor forces from previous peak levels in 2019, according to a Center for Economic Growth

March 15 2024
Regional/County Profiles

Adjusted Gross Income Grows by $6.6B in Capital Region, $1.8B in Downtown Saratoga

Between 2020 and 2021, the adjusted gross income (AGI) income of Capital Region taxpayers increased by $6.6 billion – with nearly a third of that gain being concentrated in the Saratoga Springs 12866 ZIP code. While higher wages and salaries and capital gains drove up the region’s AGI, the number

March 15 2024
Economic Analysis, General, Regional/County Profiles

Albany Metro Has NY’s Largest Population Gain in 2023

  1st largest annual population gain among NYS metros: Albany-Schenectady-Troy MSA 3rd largest annual population gain among NYS counties: Albany County 3rd largest annual increase in domestic migration among NYS counties: Warren County 5th largest annual population gain among NYS counties: Saratoga County The Albany-Schenectady-Troy metropolitan statistical area (MSA) in

January 12 2024
Employment/Workforce, Regional/County Profiles

Columbia and Greene Counties have NY’s 1st and 3rd Fastest-Growing Median Household Incomes

Columbia and Greene Counties had New York’s first and third fastest-growing median household incomes in 2022, according to a Center for Economic Growth (CEG) analysis of new data from the U.S. Census Bureau’s Small Area Income and Poverty Estimates (SAIPE) program. Columbia-Greene In 2022, Columbia County’s median household income was

December 12 2023
Regional/County Profiles

Capital Region – with Greene County’s Help – Has NY’s 2nd Fastest-Growing Gross Region Product

The Capital Region last year had the state’s second fastest growth gross regional product (GRP). Boosting the region’s growth in productivity was Greene County, which also saw its GRP increase at the fastest rate among New York’s 62 counties, according to a Center for Economic Growth (CEG) analysis of data

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