Consumer and Producer Prices Indexes Increasing The Consumer and the Producer Price Indexes (CPI & PPI) have both increased in the Region throughout 2022. The Composite Index, which measures the average of all of the CPI’s items, has risen by 14.8%, and the PPI has increased by 32.9% since the first quarter of 2019 – […]
Regional Employment Improves Throughout 2021 In the early months of the pandemic, unemployment in the region and across the country exploded as businesses and other employers closed due safety concerns. Even as businesses began to reopen and vaccines and mask wearing helped slow the spread of COVID, employment in the state and region were […]
Cost of Living in the Region Declines Overall Since CDRPC’s last COLI update in Quarter 3 (Q3) 2020, the Cost of Living in the region overall has decreased and has decreased for several major categories. With updated data ranging from Q4 2020 through Q3 2021, costs overall have been decreasing as we continue to recover […]
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 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 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 […]
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 […]