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 […]

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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 […]

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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 […]

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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 […]

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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. […]

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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 […]

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