Santa Barbara County’s economy relies heavily on its billion-dollar tourism and agricultural industries, two of the fastest-growing sectors of California’s economy by number of jobs. But those are also industries with highly seasonal workforces and generally low-paying wages.
Ventura County has an diverse array of energy assets, but the rules are going to have to change if innovation is going to flourish in the region.
That was my takeaway after moderating two panels on the future of energy at the Ventura County Economic Development Association’s annual business outlook conference on Oct. 25.
The ’70s are back. At least when it comes to the state of commercial real estate development in Ventura County. While new home building in Ventura County is up compared to last year, commercial development is at a 37-year low, according to the latest report from the California Economic Forecast. Total investment in Ventura County Read More →
Expect home prices to continue to rise and slow job-growth gains in Ventura County next year. That was the outlook from regional economist Mark Schniepp of the California Economic Forecast, speaking at Hyatt Westlake Plaza in Thousand Oaks on Sept. 19. Tracking trends at the statewide level, Ventura County will see more housing starts, retail Read More →
With its wine grapes, relatively affordable housing and recovering labor market, San Luis Obispo County sits at the leading edge of the recovering in the Tri-Counties and statewide. That was the view from Chris Thornberg, founder of Los Angeles-based Beacon Economics, at the semi-annual Central Coast Economic Forecast held in Atascadero on June 6. Speaking Read More →
While Ventura County’s hard power has taken a hit, the new State Of The Region Report gives plenty of reasons to be optimistic about the future, based on those soft-power indicators.
The lackluster office space market could throw a wrench in the recovery.