Economy

Labor Force Numbers Plummet in High-Cost Metro Areas image

Labor Force Numbers Plummet in High-Cost Metro Areas

New data released by the Bureau of Labor Statistics provides finer detail on the potential long-term economic destruction caused by the COVID-19 pa...
What Does Higher Education in the Bay Area Look Like Post-Pandemic? image

What Does Higher Education in the Bay Area Look Like Post-Pandemic?

The Bay Area has one of the most highly educated populations in the nation with 49% of people over the age of 25 holding a bachelor’s degree (wel...
COVID Recovery: Bridge Traffic Near Normal Levels as Commuters Avoid Transit image

COVID Recovery: Bridge Traffic Near Normal Levels as Commuters Avoid Transit

New data analyzed by the Bay Area Council Economic Institute provides another barometer of the region’s economic recovery. Traffic on Bay Area br...
Council Hitting Back Against Dangerous New Taxes image

Council Hitting Back Against Dangerous New Taxes

Dangerous new legislation, AB1253, surfaced last week in Sacramento proposing a massive new personal income tax increase that will undermine Califo...
Jobs Return, But Remain at Risk as COVID Surges image

Jobs Return, But Remain at Risk as COVID Surges

Following unprecedented job losses as a result of shelter in place orders, over a quarter of jobs had returned to the region by the end of June. Da...
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...
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