Economy






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 declined in 2020, as COVID shutdowns impacted the economy .
The region lost about 8% of its jobs in 2020, similar to the state level of job loss, as the coronavirus shutdowns impacted the economy. Sullivan County had the largest decline (9.3%) followed by 8.8% in Ulster. However, prior to COVID, the region’s level of job growth outpaced the state with an increase of 7% from 2001 to 2020 compared to 2% in the state as a whole (though that was less than the 15% increase in the nation).

Some of the largest employment sectors in the region added a significant number of jobs between 2001 and 2020.
Industries with the largest gains were Financial Activities (35%), Professional and Business Services (28%), and Health Care and Social Assistance (28%), while Government lost jobs (-6%). Orange and Putnam counties had the largest total gains at 17% and 15% respectively while Dutchess and Ulster counties experienced 1% and 2% decreases respectively.

Spending by county government, after adjusting for inflation, grew 11% from 2000 to 2020.
That compares to a statewide increase of 10%. County government spending per capita for the region was about $2,120 in 2020, compared to $2,360 for the state. From 2000 to 2020, per capita spending increased the most, 53%, in Greene County followed by 20% in Dutchess. Ulster, Putnam and Sullivan counties all decreased in per capita spending from 2000 to 2020.  In 2020, Sullivan County had the highest county spending ($2,950), while Putnam had the least ($1,730). 

Tourism revenue decreased 9% in the region since 2005 primarliy due to COVID-19 in 2020. 
Despite the COVID pandemic, tourism brought about $1,900 per capita into the region in 2020 and was strongest in Sullivan and Greene counties on a per-capita basis. Adjusted for inflation, tourism revenue per capita declined after the Great Recession in 2008, rebounded from 2010 to 2019, but declined 37% in 2020 from 2019 likely due to COVID.





INDICATORS TREND | STATE
Children Living in Poverty Increasing
Children Living in Poverty, by Race/Ethnicity Not Applicable
Single-Parent Families Increasing
Single-Parent Families, by Race/Ethnicity Not Applicable
Rate of Child Abuse and Neglect Decreasing
Rate of Foster Care Admissions Decreasing
Teen Pregnancy Decreasing
Live Births to Teen Mothers Decreasing
Juvenile Delinquency Intakes Decreasing
Bullying at School Decreasing
Average Charitable Giving Increasing
Voter Registration Rate Increasing
Voter Participation Rate Increasing
Total Population Increasing
Population by Age Not Applicable
Population by Race/Ethnicity Not Applicable
Household Types Not Applicable
Change in Total Jobs Decreasing
Foreign-Born Population Increasing
Employment by Sector Not Applicable
Spending for County Government Increasing
Tourism Revenue Decreasing
Preschoolers Receiving Special Education Services Increasing
Prekindergarten Participation Increasing
Students Receiving Special Education Services Decreasing
Per-Student Spending Increasing
Student Performance on Grade 4 English, by Student Group Not Applicable
Student Performance on Grade 4 English, by Race/Ethnicity Not Applicable
Student Performance on Grade 4 Math, by Student Group Not Applicable
Student Performance on Grade 4 Math, by Race/Ethnicity Not Applicable
High School Cohort Graduation Rate Increasing
High School Cohort Dropout Rate Decreasing
High School GED Rate Maintaining
Plans of High School Graduates Not Applicable
Education Levels of Adults Not Applicable
Education Levels of Adults, by Race/Ethnicity Not Applicable
Median Household Income Maintaining
Median Household Income, by Race/Ethnicity Not Applicable
People Living in Poverty Increasing
People Living in Poverty, by Race/Ethnicity Not Applicable
Seniors Living in Poverty Maintaining
Children Receiving Subsidized Child Care Maintaining
Veterans Living in Poverty Decreasing
Economically Disadvantaged Students Increasing
Earned Income Tax Credit Participation Decreasing
Living Wage Rate by Household Type Not Applicable
Income in Relation to Poverty Level Not Applicable
People Without Health Insurance Decreasing
Early Prenatal Care, by Mother's Race/Ethnicity Not Applicable
Domestic Violence Decreasing
Deaths from Drug Overdoses Increasing
Babies with Low Birth Weights Maintaining
People Living wth HIV Increasing
Mental Health Clinic Visits Decreasing
Homeownership Rates Maintaining
Homeless Persons Decreasing
Housing Affordability for Homeowners Maintaining
Housing Affordability for Renters Not Applicable
Violent Crimes Decreasing


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