The Tri-Counties’ recognizable startup culture may disappear by the end of 2015, replaced by a more mature landscape of established technology businesses.
Forecasting is a dangerous game, but from this writer’s perspective, the relative good times enjoyed by the Central Coast during the past year should continue into 2015.
When you’re serving up steak and eggs for nearly 300 people the market must be doing well joked Brad Frohling, principal for Radius Commercial Real Estate and event moderator for the firm’s 7th annual Radius Real Estate & Economic Forecast breakfast. The event was held at Fess Parker’s Double Tree Resort & Hotel in Santa Read More →
The Golden State has been outpacing the U.S. in job creation over the last three years, but all is not well. Skyrocketing housing costs mean that with a few exceptions clustered around the tech boom, California’s coastal counties are retirement havens, not entrepreneurship hubs. That’s the view from Bill Watkins, director of the California Economic Read More →
Despite a record drought, short-sighted policy making and a slow-to-start generation of self-established young workers, the outlook for Ventura County is bright. “It should be another year of expansion — you pretty much count on that — and no recession in sight, at least not yet,” said Mark Schniepp, director of the California Economic Forecast. Read More →
Led by “off the charts” growth in the information technology, banking and finance sectors, Santa Barbara County is outpacing California when it comes to economic growth.
California is adding jobs faster than the national average, and the state has a budget surplus for the first time since the dot-com bubble burst in 2000. That’s led to some glowing national press for Gov. Jerry Brown, including a Rolling Stone article that called his budget turnaround a “miracle.”