Economy

Fiscal Crisis Growing for Cities, Counties image

Fiscal Crisis Growing for Cities, Counties

State and local governments are facing a growing fiscal crisis as the COVID-19 shutdown (see below) starts to hit budgets. Gov. Newsom is projectin...
Urgency to Reopen as Job Losses Hit Historic Levels image

Urgency to Reopen as Job Losses Hit Historic Levels

The COVID-19 shutdown cost Bay Area economy over half a million jobs in April – more than an eighth of all jobs in the region and representing th...
COVID-19 Hits Jobs, Economy Hard image

COVID-19 Hits Jobs, Economy Hard

Shelter-in-place orders are proving critical in stemming the transmission of COVID-19, but they are also having a profound impact on the economy as...
Tracking Economic Fallout of COVID-19 image

Tracking Economic Fallout of COVID-19

The rapid pace in the escalation of the COVID-19 crisis in terms of both its health and economic effects has been unprecedented. The Bay Area Counc...
Council Delegation Forges New Ties with India image

Council Delegation Forges New Ties with India

Expanding and deepening economic connections between California, the Bay Area-Silicon Valley and India was the focus of a weeklong (Jan. 12-18) del...
Tri-Valley 2040 Visioning Summit image

Tri-Valley 2040 Visioning Summit

On Monday, the Bay Area Council Economic Institute organized the Tri-Valley 2040 Visioning Summit in partnership with the Innovation Tri-Valley Lea...
Trade War Not Deterring Council’s China Work image

Trade War Not Deterring Council’s China Work

The U.S.-China trade war continues to ratchet up, but it’s not deterring the Bay Area Council’s work to expand and deepen trade and investment ...
Mayor Schaaf Touts Oakland’s Promise during Busy China Economic Tour image

Mayor Schaaf Touts Oakland’s Promise during Busy China Economic Tour

Oakland Mayor Libby Schaaf had one message for Chinese business and government leaders during a weeklong, five-city economic development tour the B...
Updating Employment Laws to Reflect Changing Needs of the Gig Economy image

Updating Employment Laws to Reflect Changing Needs of the Gig Economy

Millions of Californians are choosing to work as independent contractors in the emerging gig economy for the freedom and flexibility it provides—...
Bay Area Pays a Lion’s Share of CA Personal Income Tax image

Bay Area Pays a Lion’s Share of CA Personal Income Tax

New data from the California Franchise Tax Board shows the Bay Area’s importance to the state’s fiscal health. Based on 2017 data, an analysis ...
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