January 20 2023
News, Regional/County Profiles

CEG Economic Development Week in Review: January 16, 2023-January 20, 2023

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:   REGIONAL ECONOMIC DEVELOPMENT NEWS Hochul pledges additional money for Wadsworth Center lab at Harriman

January 13 2023
News, Regional/County Profiles

CEG In The News: 2022 Annual Roundup

See the below articles from the past month for news about CEG: CEG Announcements/Op-eds/Media Mentions Daily Gazette: Down to Business: Disaster is difficult for businesses to plan for Times Union: Grants and loans still available to Capital Region businesses as pandemic recovery soldiers on Times Union: Fearing leaked trade secrets,

December 13 2022
News, Regional/County Profiles

Town of Colonie 2022 Economic Profile

The Town of Colonie is the Capital Region’s largest town and a major gateway for interstate commerce in the Northeast, housing Albany International Airport and being to the immediate north of the major Interstates 87/91 interchange. Spanning 58 square miles, this suburban town sits in the middle of the cities

December 13 2022
General, News, Regional/County Profiles

CEG In The News: November 2022

See the below articles from the past month for news about CEG: CEG Announcements/Op-eds/Media Mentions Times Union: Sere you Seen at the Center for Economic Growth’s annual meeting?  CEG Research Mentions WNYT: Federal government increases AI investment in Capital Region To learn about more the Capital Region’s economic development news

December 13 2022
Nanotechnology, Regional/County Profiles, Research & Development

Albany Has 10th Largest “High Tech” Industry among Mid-Sized Metros

New U.S. Census Bureau experimental data shows that, among mid-sized metros, the Albany-Schenectady Troy metropolitan statistical area’s high tech industry has the 10th most jobs in the U.S. and the second most among those in the Northeast. Reinforcing the Albany metro area’s claim to being a “Tech Valley, the Census

December 13 2022
Manufacturing, Regional/County Profiles

Capital Region Leads NY for Productivity Growth

Schenectady and Saratoga Counties Rank 2nd and 3rd in NYS for GRP Growth   The Capital Region last year led New York in productivity growth with help from Schenectady and Saratoga counties, which were the state’s second and third fastest-growing counties for gross regional product (GRP), according to a Center

October 17 2022
Regional/County Profiles

Albany Metro’s Work from Home Rate Tripled in 2021, Compared to Pre-Pandemic

Between 2019 and 2021, the number of people working from home (WFH) in the Albany-Schenectady-Troy metropolitan statistical area (MSA) more than tripled, though its WFH rate only rose to the 16th highest level in Northeast, according to a Center for Economic Growth (CEG) of new U.S. Census Bureau one-year estimates

June 13 2022
Regional/County Profiles

Capital Region Attracts More 20- and 30-Somethings

Twenty- and 30-somethings from both within and outside New York on average moved to the Capital Region in greater numbers between 2016 and 2020 than they did during the preceding five-year period. This migration inflow reverses a declining trend the region had seen with these demographics, according to a Center

May 27 2022
Economic Analysis, Regional/County Profiles

More Pandemic Population Gains for Capital Region Cities, Towns and Villages

CEG launches CapNY Connectors to help residents and newcomers feel at home in the Capital Region All towns in Columbia, Greene & Schenectady counties grow All villages in Columbia and Greene counties grow 8 top 20 NYS fastest-growing towns in region (6 in Greene County) 5 top 20 NYS fastest-growing

May 12 2022
General, Regional/County Profiles

Restaurant Revitalization Fund Poured $89M into Capital Region

Capital Region food service and drinking places last year received more than $89 million from the Restaurant Revitalization Fund (RRF) to help them continue operating during the pandemic. Almost half of the awardees used some of that funding for outdoor seating accommodations, and Saratoga County saw the largest influx of

Funding Partners