Uticensis

A continuation on a series of Corporation Creation in the Mohawk Valley. This post examines the number of corporations created in Herkimer County between the years of 1983 and 2016. Below is a visualization of this information.

There are a number of things that can be learned from this information. First, just as with Oneida County, Herkimer County has generally had a long increase in corporation creation since 1983. What is interesting to note is that Herkimer County did not fall in corporation creation as bad as Oneida County during the Great Recession. Out of the 28 years accounted for, only 7 of these had a reduction in creation from the previous year.

Second, unlike Oneida County, Herkimer County has experienced a period of decreased creation that lasted more than one year. There are 3 straight years of decreased creation between the years of 2004 and 2006. However, the following year of 2007 saw corporation creation jump up to a then all time high of 125.

Finally, just as with Oneida County, Herkimer County has experienced all time highs in corporation creation over the last few years. Between 2011 and 2015 corporation creation has had its sharpest incline from 108 to 176, the current all time high. This growth only tapered off a bit in 2016 at 159.

Below is a table of all the information:

Herkimer County Corporation Creation
Year	Corporations Created
2016	159
2015	176
2014	156
2013	135
2012	122
2011	108
2010	116
2009	91
2008	95
2007	125
2006	94
2005	105
2004	106
2003	99
2002	81
2001	50
2000	52
1999	49
1998	49
1997	43
1996	37
1995	36
1994	38
1993	25
1990	30
1989	27
1988	26
1984	23
1983	21
Information Gathered from OpenDataNY.com