San Diego’s Economic Pulse uses data to tell a story about our regional economy. This issue covers data from August 2018. Check out EDC’s research bureau for more data & stats about San Diego’s economy. Monthly Employment Change by Sector
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San Diego ranks No. 1 for income growth in the U.S.
Originally published in The Wall Street Journal. Among the 50 largest metros in the U.S., San Diego ranked the highest in the nation for median household income growth. This is largely due to its abundant supply of booming tech and biotech companies, like Amazon and Sony, willing to pay big bucks for top talent. Read […]
EDC, SDMAC unveil 15 companies selected to DIV program to support business growth, diversification
Today, Propel San Diego partners – San Diego Military Advisory Council (SDMAC) and San Diego Regional EDC – unveiled 15 companies selected to participate in the Defense Innovation Voucher program (DIV). DIV is a comprehensive business initiative designed to build resiliency in small, local defense companies and help them find pathways to diversify their revenue. […]
San Diego employers endorse regional goal to double annual production of skilled workers by 2030
In an effort to build a more inclusive economy, San Diego Regional EDC and its Inclusive Growth Steering Committee of 40 employers officially endorsed a regional goal to double the number of skilled workers produced in San Diego County to 20,000 per year by 2030, as well as a set of recommendations, to develop a […]
Water Investments Fuel Our Growing Economy
Authored by Kirby Brady and Janice Brown, “Water Investments Fuel Our Growing Economy” was originally published on San Diego Business Journal. While it may seem both obvious and subtle, San Diego County’s thriving $220 billion economy and quality of life is made possible by a safe and reliable water supply. Every day, water is delivered […]
Behind-the-scenes of San Diego’s largest cyber employer
Have you ever driven down the I-5 South near downtown and noticed the three large industrial buildings to your right? Do you know what happens there? That’s the U.S. Navy’s Space & Naval Warfare Systems Command (SPAWAR). Last week, a small group of EDC board members got a behind-the-scenes tour of SPAWAR and its research […]
San Diego’s Quarterly Economic Snapshot: Q2 2018
Every quarter San Diego Regional EDC analyzes key economic indicators that are important to understanding the regional economy and the region’s standing relative to the 25 most populous metropolitan areas in the U.S. This issue covers data from Q2 2018. Following seasonal declines in employment during Q1, San Diego, and the overwhelming majority of the […]
26 life sciences PhD’s trek to San Diego to explore industry
Last week, EDC welcomed a group of next-gen life sciences leaders to San Diego for an exclusive tour of the region’s life sciences industry. Over two days, 26 eager PhD candidates representing 15 schools across 11 states paid visits to seven local employers including ResMed, Takeda, BD, Janssen/JLABS, Thermo Fisher Scientific, Dexcom, and Rady Children’s […]
San Diego companies flood Inc. 5000 list
Last week, Inc. magazine released its annual Inc. 5000 list of fastest-growing companies. More than 120 companies in the San Diego metro made the list, including EDC investor Innovative Commercial Environments. Other EDC partners on the list include Fuse Integration, Cloudbeds (which recently inked a partnership with Airbnb), Passion Planner, and more. Notably, San Diego-based […]
Economic Pulse: SD unemployment rate remains below state and national rates
Each month the California Employment Development Department (EDD) releases industry data for the prior month. This edition of San Diego’s Economic Pulse covers July 2018 data, including unemployment, new business establishments, and job postings. Highlights include: Data from the month of July reflect seasonal employment losses. The unemployment rate fell slightly during the month to […]