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Economic News

Stay informed, stay ahead in the world of finance and economics.

Economic News

4492 West Virginia Avenue
Albany New York 12207
United States

518-867-6979

Business Description

Welcome to Economic News, the go-to source for the latest updates and insights on the world of finance and business.

Business Hours

Monday9:00 am - 5:00 pm
Tuesday9:00 am - 5:00 pm
Wednesday9:00 am - 5:00 pm
Thursday9:00 am - 5:00 pm
Friday9:00 am - 5:00 pm
Saturday9:00 am - 5:00 pm
SundayClosed
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About Albany

Albany ( AWL-bə-nee) is the capital and oldest city in the U.S. state of New York and the seat of and the most populous city in the county of the same name. It is located on the west bank of the Hudson River, about 10 miles (16 km) south of its confluence with the Mohawk River, and about 135 miles (220 km) north of New York City. The city is known for its architecture, commerce, culture, institutions of higher education, and rich history. It is the economic and cultural core of the Capital District of the State of New York, which comprises the Albany–Schenectady–Troy Metropolitan Statistical Area, including the nearby cities and suburbs of Troy, Schenectady, and Saratoga Springs. With an estimated population of 1.1 million in 2013, the Capital District is the third most populous metropolitan region in the state. As of 2022, Albany's population was 100,826. The Hudson River area was originally inhabited by Algonquian-speaking Mohican (Mahican), who called it Pempotowwuthut-Muhhcanneuw. The area was settled by Dutch colonists who, in 1614, built Fort Nassau for fur trading and in 1624, built Fort Orange. In 1664, the English took over the Dutch settlements, renaming the city Albany in honor of the Duke of Albany (and Duke of York), the future James II. The city was officially chartered in 1686 under English rule. It became the capital of New York in 1797 after the formation of the United States.

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