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 […]
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 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 […]