Building a More

Innovative, Sustainable

And Equitable Region

We are business leaders working to ensure the Bay Area is the most innovative, sustainable, inclusive and globally competitive place in the world. Through public policy and advocacy, we focus on solving the most challenging issues that affect the economic health and quality of life in the region. We consistently achieve results by bringing together top business, government and community leaders to implement bold and actionable solutions. Join the Bay Area Council and help us shape the future.  

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By The Numbers

Bay Area Economic Snapshot

5.9%

Regional Unemployment (March 2021)

Source / Bay Area Council Economic Institute

47%

Residents with bachelor's degree or higher

Source / Bay Area Council Economic Institute

39%

Share of national venture capital (2020)

Source / Bay Area Council Economic Institute

$995B

2019 Regional GDP (17th Largest Economy in the World)

Source / Bay Area Council Economic Institute

-400,000

Jobs Lost Since February 2020

Source / Bay Area Council Economic Institute

By The Numbers

Bay Area Economic Snapshot

5.9%

Regional Unemployment (March 2021)

Source / Bay Area Council Economic Institute

47%

Residents with bachelor's degree or higher

Source / Bay Area Council Economic Institute

39%

Share of national venture capital (2020)

Source / Bay Area Council Economic Institute

$995B

2019 Regional GDP (17th Largest Economy in the World)

Source / Bay Area Council Economic Institute

-400,000

Jobs Lost Since February 2020

Source / Bay Area Council Economic Institute

Shape the Future with Us

Top CEOs and executives from more than 330 of the region's largest employers work with the Bay Area Council to solve our toughest challenges, grow business and improve the quality of life for everyone who lives and works here.

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Member Spotlight

Cal Water

In July, Cal Water submitted its 2022-2024 infrastructure improvement plans for all of its California districts with the state’s Public Utilities Commission. The plans include a proposed $1.02 billion investment in new and existing capital projects. Almost half of Cal Water’s proposed improvements would replace aging water pipelines, which will enhance reliability and augment water supplies to support customers’ and firefighters’ needs.

The company also proposed new rate designs, which seek to balance revenue stability with reduced customer impact, especially for low-income and water-saving customers. Additionally, the plans would upgrade infrastructure to withstand power outages and safety shutoff events, protect customers from water contaminants and expand water supplies to ensure sustainability and wildfire hardening. The required filing begins an estimated 18-month review process by the California Public Utilities Commission.

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Member Spotlight

Featured Research

Paid Family Leave in California

Lessons from 20 Years

It has now been nearly two decades since California passed the first paid family leave program in the nation. The program, funded through worker payroll deductions, provides over 18 million working Californians with benefits that allow them to bond with a child, care for an ill family member, or provide support during a military deployment to a foreign country. Since its creation, several other states have implemented similar programs, and California has made significant changes to its program several times since the initial program was put in place. This report is intended to be a resource for those interested in the California Paid Family Leave (PFL) program, how it is structured, and the lessons that can be learned from California’s experience over nearly 20 years. Here we examine the structure of California’s program, how it differs from programs in other states, and how the state ended up here from a political perspective.

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Featured Research

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