Thursday, 18 May 2017 23:34

Saratoga County Index Released

MALTA — Saratoga County is outpacing the Capital Region – and in some cases, New York state and the nation – in several key economic indicators that portray a strong economy well positioned for growth, according to a first-ever index released earlier this month by the Saratoga County Prosperity Partnership.

The Saratoga County Economic Index includes key indicators such as unemployment levels, labor force participation, household income, and the strength of the housing sector.

The vibrancy of the county’s economy is illustrated by a host of data contained in the index, including: an unemployment rate at its lowest level since 2007, the lowest in the Capital Region and lower than New York state; participation in the labor force, at 68 percent, outpaces the Capital Region, the state, and the nation; median household income, at $71,496 annually, outpaces both the Capital Region and the state by just over 20 percent, and nationally by 33 percent; overall, housing permits have trended up since 2006; total value of multi-family housing permits has risen 30 percent since 2005, more than twice that of the Capital Region; and total value of single-family housing permits has begun trending upward over the past year, reversing a 21 percent decline since 2005, which was less severe than the drop of 35 percent in the Capital Region. 

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Blotter

  • COURTS Milo E, Martinez, 26, of Ballston Spa, pleaded on June 14 to criminal possession of a forged instrument, a felony, in connection with an incident that occurred in Clifton Park. Sentencing scheduled for Aug. 14.  William E. Slater, 46, of Gansevoort, was sentenced on June 14 to 20 years in state prison, after pleading to criminal sexual act in the first-degree, in connection with an incident that occurred in Wilton.  Michael J. Germain, 56, of Greenfield, pleaded on June 9 to felony criminal mischief, and DWAI. Sentencing scheduled for Sept. 8.  April M. Pixley, 37, of Greenfield, pleaded on…

Property Transactions

  • BALLSTON SPA 257 Lake Rd., $499,900. Second Half Investments LLC sold property to Karen and Julie Royston.  129 Hop City Rd., $147,000. Harry Bliss sold property to Garth Ellms.  CHARLTON 4 Little Troy Lane, $300,000. Victoria and Kenneth Hayner, Sr. sold property to William and Joelle West.  CORINTH 369 West Maple St., $55,000. US Bank Trust (by Atty) sold property to Frank Brownell.  GALWAY  1058 NYS Route 29, $180,000. Thomas Cooper sold property to Vanessa Konkel and Ronald West. MALTA 90 Woodfield Blvd., $65,000. Michaels Group Holdings LLC sold property to HELD Properties LLC.  2147 Rowley Rd., $24,000. Jacqueline Traver…
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