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SLO County gets on same eco-devo page

By   /  Friday, November 19th, 2010  /  Tri-County Economy  /  Comments Off on SLO County gets on same eco-devo page

More than 100 business leaders and the county of San Luis Obispo have produced what’s being called a first-ever economic strategy for creating more private-sector jobs on the Central Coast. The 45-page game plan was produced by the Economic Vitality Corp. of San Luis Obispo and funded with $50,000 from the county and more than Read More →

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Ventura County launches eco-devo ad blitz

By   /  Monday, November 15th, 2010  /  Latest news, Tri-County Economy  /  Comments Off on Ventura County launches eco-devo ad blitz

A coalition of economic development groups in Ventura County launched a federally funded campaign on Nov. 15 to sell the county as the ideal spot to build a business. The initiative is headed by the Workforce Investment Board of Ventura County, with participation from the Economic Development Collaborative-Ventura County, chambers of commerce in the county Read More →

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Santa Barbara gets a bit greener with new City Ventures project

By   /  Monday, November 15th, 2010  /  Columns, Green Coast, Real Estate  /  Comments Off on Santa Barbara gets a bit greener with new City Ventures project

Santa Barbara is now home to the largest green development of single-family homes in the country. Santa Ana-based developer City Ventures broke ground Nov. 10 on a 48-townhome project in Santa Barbara’s East Beach area. Dubbed the Santa Barbara East Beach Collection, the project is striving for LEED Platinum certification from the U.S. Green Building Read More →

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Bright, but not as big: Solar projects could be downsized to protect wildlife

By   /  Monday, November 8th, 2010  /  Features, Green Coast, Technology  /  Comments Off on Bright, but not as big: Solar projects could be downsized to protect wildlife

The two massive solar projects winding toward approval on San Luis Obispo County’s Carrizo Plain could end up generating 30 percent less energy than the 800 megawatts their corporate backers would prefer. That is according to draft environmental impact reports circulating for the California Valley Solar Ranch, backed by San Jose-based SunPower Corp., and the Read More →

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Slow SLO recovery forecast

By   /  Friday, November 5th, 2010  /  Tri-County Economy  /  Comments Off on Slow SLO recovery forecast

Like the rest of California, San Luis Obispo County is winding very slowly to a full economic recovery, forecasters at the Central Coast Economic Forecast said Nov. 5. The county’s unemployment rate currently hovers around 10 percent, and will likely stay above 6 percent until sometime in 2015, economists from the forecasting group Beacon Economics Read More →

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U.S. should set inflation target, Fed economist says at UCSB

By   /  Wednesday, October 27th, 2010  /  Banking & Finance, Tri-County Economy  /  Comments Off on U.S. should set inflation target, Fed economist says at UCSB

Setting the federal funds interest rate target at zero is a trap, and one the Federal Reserve would be better off avoiding, St. Louis Federal Reserve Economist Bill Gavin said at an Oct. 27 appearance at UC Santa Barbara. Warning of the dangers of the so-called “zero lower bound,” when the federal funds rate is Read More →

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Foreclosure freeze won

By   /  Monday, October 25th, 2010  /  Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Foreclosure freeze won

As the nation’s largest home lenders continue their self-imposed foreclosure freezes, economists in the tri-county region say the residential real estate market’s search for the bottom is being delayed. The Tri-Counties had more than 1,200 homes in foreclosure at the end of the second quarter, according to information from research firm DataQuick. That’s up more Read More →