Category: Data News
Regional Tax Revenues Improve Above Pre-Pandemic Levels
Regional Tax Revenues Improve Above Pre-Pandemic Levels In November of 2020, CDRPC undertook an analysis of Sales Tax Revenues in the 8-county Capital Region. The analysis noted that as of October 2020, after experiencing a decline immediately after the pandemic, sales tax revenues across the region were recovering well. With sales tax revenue data […]
Consumer and Producer Price Indexes Have Grown to Highest Levels in the Past 4 Years
Consumer and Producer Price Indexes Have Increased to Highest Levels in the Past 4 Years In December of 2020, CDRPC provided an update of the Produce Price Index (PPI) and Consumer Price Index (CPI) and noted that after both experienced a dip, the indexes seemed to be recovering through October 2020. The Producer and […]
American Rescue Plan – Capital Region Funding Allocation
American Rescue Plan – Capital Region Funding Allocation As part of the latest round of stimulus funding, the American Rescue Plan (ARP) provided direct funding to states, counties, and municipalities across the county. The funding can be used for a number of uses by state and local governments including; Costs associated with responding to […]
CDRPC Launches Regional Economic Recovery Dashboard
For Immediate Release: March 30, 2021 CONTACT CDRPC – Mark Castiglione – mark@cdrpc.org – 518-461-3597 CDRPC Launches Regional Economic Recovery Dashboard https://cdrpc.org/covidrecoverydashboard March 30, 2021 (Albany, NY) The Capital District Regional Planning Commission (CDRPC) announced the release of an important new tool for Capital Region government leaders, business executives and the general public to […]
Change of Address Requests into Capital Region Increase Since Start of Pandemic
Change of Address Requests into Capital Region Increase Since Start of Pandemic Migration from the New York City area into the Capital Region has seen a significant increase since the beginning of the pandemic. Utilizing USPS Change of Address data, which tracks the number of requests to change addresses from one county to another, […]
Consumer Costs Remain Stable, Producer Prices Index Recovering
Consumer Prices Remain Stable, Producer Prices Index Recovering After seeing shifts due to COVID-19, both the Consumer and Producer Price Indexes seem to be returning to pre-pandemic levels over the past few months. The Producer and Consumer Price Indexes are important indicators of the economy as they measure the costs that consumers pay for […]
Regional Sales Tax Revenue Slowly Recovering
Regional Sales Tax Revenue Slowly Recovering Sales tax revenue in the region took a hit in the months following the initial COVID-19 response in the U.S. In April and May 2020, each of the 8 counties in the Greater Capital Region all saw steep decreases beyond the normal fluctuations. Since that time, revenues have […]
Cost of Living in the Region Remains Stable
Cost of Living in the Region Remains Stable Through Pandemic Between Quarter 2 (Q2) 2019 and Q3 2020, the region and the world have seen unprecedented changes due to the COVID-19 pandemic. However, since CDRPC’s last COLI update, which ran from Q1 2018 through Q2 2019, costs in the Capital Region have remained stable. […]
Regional Housing Market Shows Continued Decline
Regional Housing Market Shows Continued Declines Utilizing 2019 Census Building Permits data, CDRPC notes the continuation of declining trend in building permit issuance for the Capital Region. Utilizing data from both the 2017 and 2018 Building Permit Analyses as well as current 2019 data, we can see the that building permit issuance in the region […]