Business formation continued in the Capital Region throughout 2020 and despite the pandemic. Last year, 9,456 applications to form a business were filed in the eight-county Capital Region, up by 295 (3.2 percent) from the previous year, according to a Center for Economic Growth (CEG) analysis of new U.S. Census
The Capital Region’s ability to attract higher-earning taxpayers helped offset a small contraction in its base of individual income tax filers in 2019, resulting in an annual net gain of wealth, as measured by adjusted gross income (AGI), according to a Center for Economic Growth analysis of new Internal Revenue
Amid the pandemic and as a transformative redevelopment project neared completion on Starbuck Island, Green Island emerged as New York’s fastest-growing town and village in 2020. Three more towns and three more villages from the Capital Region also ranked among state state’s fastest-growing communities, according to a Center for Economic
Faced with slowing international migration and a widening gap between births and deaths, the Capital Region sustained a slight annual population decline in 2020 – the smallest in the state. However, at the same time, the region housed the state’s fastest-growing county and three of New York’s seven counties that
New York’s Capital Region is a leading location for same-sex couples. Among micropolitan statistical areas (µSAs), the Hudson µSA has the third greatest percentage of same-sex couple households1 of all coupled households. Even more, among mid-sized metropolitan statistical areas (MSAs),2 the Albany-Schenectady-Troy MSA has the 37th highest percentage of same-sex
Recent years have seen several Fortune 500 companies enter or expand their presence in the Capital Region market, either through acquisitions (BD, Fluor, Activision, Arthur J. Gallagher & Co.) or new developments (Applied Materials, Amazon). Here is a list of 29 Fortune 500 companies with significant ties1 to the Capital
Partnership between Center for Economic Growth & Alliance for the CreativeEconomy, others, worked to develop key elements (Albany, N.Y.) – The Center for Economic Growth (CEG) and Alliance for the CreativeEconomy (ACE) partnered to develop a brand and tagline to help create an identity forthe region, celebrate pride of place,
By the end of summer, Capital Region clothing stores and personal service providers such as hair and beauty salons experienced the biggest employment rebounds while food services and beverage places, such as restaurants, sustained the heaviest job losses, according to a Center for Economic Growth analysis of new data from
Just before the pandemic, the Capital Region experienced its strongest gross regional product (GRP) growth in 14 years, with a jump in productivity in the Glens Falls metropolitan statistical area (MSA) pushing the annual output total over the top, according to a Center for Economic Growth (CEG) analysis of new
As 2021 opens with the likelihood of several more months of work from home and virtual classes, the Capital Region will benefit having one of the nation’s highest concentrations among metropolitan commutersheds1 of households with high-speed broadband subscriptions.2 The region also has as one of the smallest gaps between households
