Courtesy SEDC
By J. Gregory Connors, President, CEO, Saratoga Economic Development Corporation
Building on the economic development investments, job creation, and job retention successes achieved in 2025, Saratoga Economic Development Corporation is positioned to expand that momentum in 2026. Saratoga County offers a strong product to market and promote and is recognized across the region, state, nation, and world for its blend of history, thriving communities, one of the lowest tax structures in the state, and a collaborative, cooperative environment among government, business, and community development stakeholders.
The county’s labor market is expected to remain strong, continuing the momentum of recent years. The Capital Region benefits from a diverse workforce, low unemployment compared to state averages, and a growing population. Job growth is projected to continue in healthcare, tourism, advanced manufacturing, agriculture, and the equine industries. Continued investment in workforce development will be critical, with local educational institutions and training programs playing a key role in preparing residents for emerging full-time job opportunities.
Several key sectors are expected to drive economic growth. The healthcare sector is anticipated to expand, fueled by population growth and aging demographics. New facilities under construction and in the planning stages, combined with ongoing innovation, are expected to create additional jobs and attract new investment. Advanced manufacturing and technology will remain a major economic driver, supported by the county’s proximity to high-tech corridors, the presence of GlobalFoundries in Malta/Stillwater, and a growing network of related supply-chain businesses.
Tourism and hospitality will continue to be a cornerstone of the local economy. Internationally recognized attractions such as Saratoga Race Course, Saratoga Performing Arts Center, and Saratoga National Historical Park—playing a role in the nation’s 250th anniversary—will continue to draw visitors from around the world. The hospitality industry is expected to expand further, supported by increased travel demand and tourism-related spending. Agriculture and the equine industry also remain vital, with local farms adopting sustainable practices and agritourism initiatives that support rural economic vitality.
Saratoga County continues to offer an exceptional quality of life, making it a great place to live, work, and raise a family. Efforts to support small businesses and startups, enhance public safety, and promote environmental sustainability, combined with cultural events, recreational opportunities, and a four-season economy, reinforce the county’s reputation as a place to stay, play, and live.
Challenges remain, particularly in workforce housing affordability and labor availability. These issues remain top priorities for government, economic, and business development leaders. Continued collaboration between the public and private sectors, with targeted investments in innovation and education that leverage the county’s unique assets, will be essential.
Overall, Saratoga County’s economic outlook for 2026 is positive, with strong fundamentals and diverse growth opportunities firmly in place. Saratoga County is open for business, and Saratoga Economic Development Corporation, with 48 years of experience, is ready, willing, and able to help.