Uticensis

This post examines corporation creation in the City of Utica. We looked at the numbers of corporations created in the City between the years of 1982 and 2016. Below is a visualization of that data.

There are a number of things that can be learned from this data. First, since around 1994 Utica has seen a relatively steady growth in the number of corporations created overall. The years between 1982 and 1994 saw a very stagnate number of corporation creation. During that 12 year span corporation creation hovered between a low of 25 and high of 45. However, since ’94 the overall numbers of corporation creation has grown greatly.

Second, what is very interesting is that during the Great Recession corporation creation actually increased in the City of Utica. Between the years of 2008 and 2010 corporation creation actually increased from 91 to a then all time high of 136.

Finally, it is important to note that the City is currently experiencing the highest number of corporation creation. Over the last few years, 2014-2016, corporation creation has reached its highest levels within in the City. 2014 alone saw the highest number in creation at 206. While 2015 and 2016 saw lower numbers, 170 and 166 respectively, these numbers are still all time highs for the City.

Below is a table of all the information:

Utica Corporation Creation
Year	Corporations Created
1982	33
1983	31
1984	34
1985	28
1986	25
1987	42
1988	44
1989	45
1990	37
1992	29
1993	36
1994	35
1995	52
1996	62
1997	52
1998	59
1999	77
2000	87
2001	71
2002	98
2003	106
2004	127
2005	102
2006	97
2007	123
2008	91
2009	119
2010	136
2011	129
2012	138
2013	137
2014	206
2015	170
2016	166
Information Gathered from OpenDataNY.com