Insider's Report from Q1 2026
Several members shared with us that Q1 in 2026 seemed more challenging economically than perhaps we've experienced recently. In some ways, the Q1 data here supports this observation with sales tax collections down in the City of Saratoga Springs and RevPAR taking a hit as well. On the other hand, our labor force increased with both employment and unemployment up slightly. Saratoga County also remains an attractive place to live, which continues to drive our median home sales price up.
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The “Insider’s Report” is a collection of current statistics and trends that tell us how Saratoga’s economy is performing. While the name suggests one thing, the reality is that anyone interested in this exclusive information can subscribe to receive the report.
The Insider’s Report is sponsored by Saratoga Financial Services who regularly produces a Saratoga County Stock Report. The latest stock report is below with some analysis on the performance or our nation's economy as well.
Economic Resilience Amid Headwinds
• According to the Labor Department’s most recent report, CPI in April was 3.8% higher than one year prior and 0.6% higher than in March.
• Core CPI, which excludes the volatile categories of food and energy, rose by a stronger than-expected 0.4% last month and 2.8% annually.
• The Middle East conflict now represents a bigger inflation risk: if it persists through the summer, higher energy, freight, and logistics costs could add as much as one percentage point to inflation this year.
• At the late April meeting, the Federal Reserve held its key interest steady in a range between 3.5% and 3.75%.
• Released in May 2026, the Labor Department reported that unemployment held steady in April at 4.3% and that the U.S. added 115,000 jobs, surpassing expectations.
2025 Saratoga County Insider's Report
In 2025, Saratoga County continued to demonstrate strong and well-balanced economic momentum, marked by sustained growth across housing, tourism, employment, and public revenues. Home values have risen nearly 20 percent since 2022, reflecting consistent year-over-year appreciation alongside increased listings and closed sales. The hospitality sector remained resilient, with steady gains in revenue, while labor force participation grew and unemployment remained low. At the same time, sales tax collections climbed steadily at both the county and city levels, reinforcing the area’s fiscal health.
2024 Saratoga County Insider's Report
In 2024, Saratoga County experienced positive economic trends, despite some fluctuations. The local hotel industry saw growth, with higher revenue per available room and increased demand.
Saratoga County experienced an overall increase in sales tax collections, although there was a decline in 2024 compared to the previous year. The county’s labor force decreased slightly, with a small improvement in the unemployment rate. The housing market showed strong growth, with higher median home prices, even as the number of listings and sales declined a bit.
