A vibrant economy is the foundation of a thriving community. In all cases, comparisons to state statistics reflect the state excluding New York City.

Regional job growth increased in 2023, recovering from pandemic lows .
The Mid-Hudson Valley region experienced a 2.5% increase in total jobs from 2022 to 2023, higher than the jobs in the state and nationally. The growth rates in both of the past two years have been substantially higher than the average yearly change over the past two decades in the region, which was 0.7%.

All of the region’s counties experienced increases in total jobs from 2022 to 2023. Sullivan had the highest increase at 5.2%, followed by Putnam at 3.2% and Orange at 3.1%. Dutchess had the smallest increase in total jobs, at 1.2%.

Some of the largest employment sectors in the region added and lost a significant number of jobs between 2010 and 2023.
The largest rate increases from 2010 to 2023 were in Construction (48%) and Educational Services (37%). In contrast, the Government and the Information sectors experienced decreases of 18% and 9%, respectively. Sullivan and Orange had the largest increases in total jobs from 2010 to 2023, 21% and 19%, respectively. 

Spending by county government, after adjusting for inflation, grew 21% from 2010 to 2023.
Per-capita spending by county governments in the Mid-Hudson Valley was $2,470 in 2023. From 2010 to 2023, Putnam had the largest percentage increase in per-capita spending, at 54%, followed by Dutchess and Greene at 40%. Orange and Ulster had the lowest rate of spending increase, at 23%.

Tourism revenue increased 68% in the region since 2010. 
Tourism revenue rebounded from the COVID pandemic, per-resident revenue fell in 2020, which saw a 37% decline from the prior year, likely due to COVID. Recovering from the pandemic, tourism revenue grew by 54% in 2021, another 10% in 2022, and 3% in 2023 to reach a new high.  Sullivan had the highest per-person revenue from tourism in 2023, at $12,130, followed by Greene at $6,480 and Ulster at $5,670. Putnam, at $874 per person, had the lowest tourism revenue rate in the region.