September 12, 2025
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Bank CEO, economist see little impact from SVB failure

By   /  Friday, March 10th, 2023  /  Banking & Finance, Banking Industry, Economy, Latest news, Subscriber content, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Bank CEO, economist see little impact from SVB failure

The chair of the region’s biggest bank a leading economist responded quickly to the biggest bank failure since the financial crisis with reassurances that Silicon Valley Bank is unlikely to have broad impacts. Based in Santa Clara, Silicon Valley Bank had its doors closed and its deposits seized by the Federal Deposit Insurance Corp., the Read More →

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American Riveria expands presence with new Santa Maria bank

By   /  Thursday, March 9th, 2023  /  Banking & Finance, Latest news, middle, Regions, Santa Barbara County, Tri-County Economy  /  Comments Off on American Riveria expands presence with new Santa Maria bank

Following a successful launch at the beginning of February, American Riviera Bank’s new outpost in Santa Maria is set to meet the diverse financial needs of a region rapidly expanding both economically and as a community. And in just that short time, things are going well, if not better than expected, executives at the bank Read More →

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Real estate outlook down from 2022, but still strong

By   /  Friday, March 3rd, 2023  /  Economy, Latest news, Real Estate, Tri-County Economy  /  Comments Off on Real estate outlook down from 2022, but still strong

Miserabilism, a synonym for gloomy, is the word for what mindset other economists have been peddling in recent months. But Christopher Thornberg, the founder of Beacon Economics, would disagree. He said that the real reason society has fallen into an emotional economic slump is that narrative and reality no longer agree with each other. On Read More →

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How small and middle-market companies are preparing for a recession

By   /  Friday, March 3rd, 2023  /  Banking & Finance, Economy, Latest news, middle, Personal Finance, Subscriber content, Tri-County Economy  /  Comments Off on How small and middle-market companies are preparing for a recession

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Vital Signs: Wine stimulates Santa Barbara County economy

By   /  Thursday, March 2nd, 2023  /  Agribusiness, Economy, Latest news, Santa Barbara County, Tri-County Economy  /  Comments Off on Vital Signs: Wine stimulates Santa Barbara County economy

Santa Barbara County’s wine and winegrape sector contributed about $1.7 billion in annual economic activity, according to a new report commissioned by the Wine Institute and the California Association of Winegrape Growers (CAWG). The report also shows that the Santa Barbara County wine industry provides 10,202 local jobs and $602.6 million in annual wages and Read More →

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UCSB forecast says U.S. economy is strong

By   /  Tuesday, February 28th, 2023  /  Economy, Latest news, left, Regions, Santa Barbara County, Tri-County Economy  /  Comments Off on UCSB forecast says U.S. economy is strong

Whether there will be a recession or not, or whether we are already in one or not, depends on the economist you talk to on any given day. For Peter Rupert, the director of UCSB’s economic forecast and a professor of economics, he made his stance on the subject clear during the organization’s Feb. 23 Read More →

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UC’s Hansen Center expands research capabilities at new Camarillo facility

By   /  Friday, February 24th, 2023  /  Agribusiness, Higher Education, Latest news, middle, Subscriber content, Tri-County Economy  /  Comments Off on UC’s Hansen Center expands research capabilities at new Camarillo facility

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