Tri-county airports get federal grants as ridership plummets
Several tri-county airports received federal funding through the Coronavirus Aid, Relief, and Economic Security Act Airport Grant Program as they faced steep declines in ridership. Of the three largest airports, San Luis Obispo County Regional Airport received the most —$20 million. Santa Barbara Municipal Airport got $9.6 million, and Santa Maria Public Airport, which lost Read More →
Most tri-county stocks gain as market rises
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Lisi: COVID-19 impacts values and acquisitions
By James Lisi From Feb. 20 to March 20, the bond risk premium jumped two points. This jump was larger than any previous move over a one-year period. Well-regarded economists are forecasting 20 percent to 35 percent fall in Gross Domestic Product for the next few months. We have just exited the best market for Read More →
Steinfeld and Werth: Cannabis businesses are essential
By Amy Steinfeld and Alina Werth As a result of Gov. Gavin Newsom’s stay-at-home executive order, all but “essential” businesses have closed to slow the spread of the novel coronavirus. Cannabis dispensaries are one of a few retail operations deemed essential, along with pharmacies and grocery stores. And it’s not just dispensaries that have been Read More →
Our view: Progress with numbers but hard road ahead
The Central Coast is proving — along with much of California — that social distancing and restricted activity can bend the curve of the coronavirus pandemic. But the battle is far from over and there are troubling signs that the disease will double back with a vengeance once the rules are relaxed. At press time, Read More →
Tri-Counties plan for additional COVID-19 beds, supplies and staff
When it comes to responding to the COVID-19 pandemic, each of the three counties is charting its own course. San Luis Obispo County has been planning for the worst case scenario, even though the county has half the number of COVID-19 cases as their southern neighbors and case counts are rising slowly. Santa Barbara County Read More →
COVID-19 layoffs skyrocket in Tri-Counties
In the first month after the novel coronavirus arrived in the region, tens of thousands of people in the Tri-Counties lost their jobs when their workplaces shut or slowed, and experts predict April and May will bring unemployment rates unseen since the Great Depression. The pandemic has touched every part of the tri-county economy, from Read More →
