Albany-Schenectady-Troy, NY local economy
80th
Albany-Schenectady-Troy, NY ranks in the 80th percentile of United States metros as of September 2026, with momentum flat over the past 12 months.
Business formation
New business applications or registrations was 18,191 in January 2025, up 20.8% from January 2024.
Building permits
Dwelling units authorized by permit was 245 in July 2026.
Employment
Payrolled or covered employment was 448,141 in January 2026.
New business applications or registrations was 18,191 in January 2025, up 20.8% from January 2024. Dwelling units authorized by permit was 245 in July 2026.
Frequently asked questions
- How does Albany-Schenectady-Troy, NY rank among United States metros?
- Albany-Schenectady-Troy, NY ranks in the 80th percentile of United States metros as of September 2026, with momentum flat over the past 12 months.
- What is the new business applications or registrations in Albany-Schenectady-Troy, NY?
- New business applications or registrations in Albany-Schenectady-Troy, NY was 18,191 in January 2025.
- What is the dwelling units authorized by permit in Albany-Schenectady-Troy, NY?
- Dwelling units authorized by permit in Albany-Schenectady-Troy, NY was 245 in July 2026.
- What is the payrolled or covered employment in Albany-Schenectady-Troy, NY?
- Payrolled or covered employment in Albany-Schenectady-Troy, NY was 448,141 in January 2026.
Nearby and related
Sources and methodology
- U.S. Census Bureau — Business Formation Statistics (BFS)
- U.S. Census Bureau — Building Permits Survey (BPS), CBSA monthly
- U.S. Bureau of Labor Statistics — Quarterly Census of Employment and Wages (QCEW), national all-industry
Method: 2026.09. Updated 2026-09-10. Coverage: 100% of weighted components available.
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Albany-Schenectady-Troy, NY local economy indicators. LocalEconomy.com. Retrieved 2026-10-09 from https://localeconomy.com/us/metro/albany-schenectady-troy-ny/