Did you Know? Capital Region Foreign Trade Zone-121 offers benefits to businesses within a 10-county area Since 1985, CDRPC has administered the Capital Region Foreign Trade Zone-121 which is active in Albany, Columbia, Greene, Fulton, Montgomery, Rensselaer, Saratoga, Schenectady, Warren and Washington counties. What is a Foreign-Trade Zone? Foreign-trade zones are secure areas under supervision […]
Recent Data Release Update There are two important data releases taking place in September to keep an eye on, as they will provide incredibly useful data and trends for local governments, planners, and anyone else who uses Census data. 2018 ACS 1-Year Estimates The American Community survey, unlike the Decennial Census, is an ongoing survey […]
Cost of Living Becoming More Affordable but Still Above National Average Changes to the Capital District’s Cost of Living Since Quarter 1 (Q1) 2018 the Composite Index, a compilation of the cost goods and services of multiple indexes, declined from 108.6 to 107, a 1.47% decline. After increases last year, the Composite Index moved back […]
Regional Housing Market shows slight decline through building permits; demand for multi-family units declines Utilizing 2018 Census Building Permits data, CDRPC notes a continued slight decline in housing starts for the Capital Region. Utilizing last year’s analysis and the current 2018 data, we can see a slight decline in overall building permit issuance and […]
Census 101 – What It Is and Why It Matters Aside from the citizenship question that has been in the headlines of late, many wonder what information the Census collects, and to what purpose? What exactly is the Census, and does the response rate really matter? With the 2020 Decennial Census fast approaching, it is […]
Capital District Unemployment Remains Near 4% The New York State Department of Labor has released regional labor market data up through February 2019. Utilizing this data over the last three years and comparing to the January 2018 DataNews, emerging trends can be identified or a continuation of old trends. From December 2014 through December 2017, […]
2020 Census Participant Statistical Areas Program As the 2020 Decennial Census approaches, the United States Census Bureau is ramping up preparations. An undertaking of this size requires participation from not only the Bureau itself but partnering organizations and residents across the country. Specific programs the Census Bureau run are intended to help the Bureau understand […]
Monitoring Millennials in the Capital District and Beyond Albany County leads the region for the largest concentration and share of Millennials between the ages of 20 and 34 and outpaces the state and national averages. As one of the largest generations in history, and outnumbering Baby Boomers, Millennials are important to today’s economy. They are […]
Drought Risk in the Capital District Once Again The Capital Region, along with the northeast in general, is not accustomed to drought conditions. While much of the southeast and western United States have experienced deep, prolonged, drought in recent years, that is not the reality for the northeast. However, even the northeast is not immune […]
Regional Population Growth in 2017 With the release of the 2017 population estimates, it is increasingly clear that population growth for the region’s municipalities remains stable and concentrated in Saratoga County. Of the region’s top 10 fastest growing municipalities, seven are located in Saratoga County. Halfmoon remains the fastest growing municipality in the region, growing […]