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 increased in 2021, recovering from pandemic lows .
The region’s total number of jobs increased 3% in 2021 as it recovered from job losses due to the COVID-19 pandemic. This was the same rate of increase as the state and nation. All of the region’s counties experienced increases in total jobs from 2020 to 2021. Orange had the highest increase at 4.1%, followed by Sullivan at 4% and Putnam at 3.5%.

Some of the largest employment sectors in the region added and lost a significant number of jobs between 2001 and 2021.
Industries with the largest gains were Financial Activities (64%) and Educational Services (38%), while the Information and Manufacturing sectors experienced decreases of 35% and 34%, respectively. Orange and Putnam counties had the largest total gains at 25% and 24%, respectively while Dutchess and Ulster counties experienced 5% and 4% decreases, respectively.

Spending by county government, after adjusting for inflation, grew 69% from 2000 to 2021.
County government spending per capita for the region was about $2,100 in 2021. From 2000 to 2021, per capita spending increased the most, 92%, in Greene County, followed by 87% in Dutchess. In 2020, Sullivan County had the highest county spending ($2,900), while Putnam had the least ($3,500).

Tourism revenue increased 40% in the region since 2005. 
Tourism revenue rebounded from the COVID pandemic, increasing 54% from 2020 to 2021. Per-resident revenue was highest in Sullivan ($8,900) and Greene ($4,900) 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, declined in 2020, and recovered to its pre-pandemic levels in 2021.





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


Loading...