2018 US Retail Outlook

This is a nationwide report (but relevant nonetheless) that CBRE put together. “Despite continued economic growth, the outlook for commercial real estate in 2018 is cloudy as the cycle enters its late stages, with policy uncertainty—particularly regarding corporate tax reform and the direction of interest rates—looming large. In times like these, ‘agility’ is more important than ever for investors and occupiers.” Read the full report.

State of Nonprofits and Philanthropy in San Diego in 2018

“The 2018 State of Nonprofits and Philanthropy Report highlights the pivotal role nonprofits play in protecting and enhancing the well-being and prosperity of our region. The sector continues to grow in number of total organizations, size of the workforce, and total revenues and assets. Despite continued growth, demand for nonprofit services continues to outpace the sector's ability to meet growing needs. Additionally, the full impact of federal tax reform on charitable giving remains unclear. Moreover, nonprofit leaders are challenged with navigating an ambiguous policy environment at a time when the public is increasingly divided about how to help the constituents they serve to build a more courageous and compassionate society.” Over 11,000 Nonprofits drive revenues of $18.3 Billion in San Diego County. 2,550 of those nonprofits are staffed employing over 115,000 people. Read the full report.

Small Businesses Drive San Diego Economy

“Today, small businesses represent 98% of San Diego’s businesses and employ roughly 59% of the workforce. Moving forward, it is projected that small businesses will be the primary driver of regional economic growth.” Read the full EDC report.

Outdoor Industry Association Report

The Outdoor Recreation Economy generates $887 Billion in consumer spending, 7.6 Million American Jobs, $65.3 Billion in Federal Tax Revenue, and 59.2 Billion in State and Local Tax Revenue.  Published in April of 2017. Read the full report.

 

Optimism Abounds Among Business Owners

 

State of Nonprofits and Philanthropy in San Diego in 2016

With over 10,000 public 501(c)3 nonprofits, nearly 10% of San Diego's Workforce is employed by a nonprofit and these organizations generate just shy of $15B in revenues.  
Full Report done by USD's Caster Family Center for Nonprofit and Philanthropic Research

San Diego Ranks #4 in US Start Up Activity in 2016

"The Ewing Marion Kauffman Foundation just released the latest report in their annual Kauffman Index of Entrepreneurship Series. According to the foundation, the index measures entrepreneurial output activity nationwide, such as new companies, business density and growth rates. Three studies, which present a more mature measure of startup activity in metropolitan areas, make up the Kauffman Index: the rate of new entrepreneurs, the opportunity share of new entrepreneurs and the startup density.
According to the index, San Diego climbed seven spots year-over-year and now ranks 4th in the United States in
startup activity" Released May 23, 2017
CBRE Startup Market Flash

SD Unemployment Rate hits 3.8 percent

The Labor Development Department released a study on May 19, 2017 stating that the unemployment in San Diego is now at just 3.8 percent.  From April 2016 through April 2017 the following industries have seen the significant employment growth: "Government (up 6,200), educational and health services (up 4,100), other services (up 2,200), and financial activities (up 1,100) reported notable payroll gains." Released May 2017
Full Report

San Diego Quarterly Economic Snapshot

San Diego Regional EDC analyzes key economic metrics that are important to understanding the regional economy and San Diego’s standing relative to other major metropolitan areas in the U.S.  Released February 2017
Snapshot

Global Millennials - Live, Work, Play Report by CBRE

They are growing in affluence, and need places to live and to shop. For a growing number of organizations, understanding the needs and desires of this generation is crucial. Central to CBRE’s interest here is the role that real estate plays in their lives and expectations. Where do they want to live and work? What type of office environment do they prefer? What types of shops do they want to visit, or do they want to do everything online? These are critical questions for employers, retailers, property developers and investors alike. Released November 2016
Full Report

San Diego Quarterly Economic Snapshot

San Diego Regional EDC analyzes key economic metrics that are important to understanding the regional economy and San Diego’s standing relative to other major metropolitan areas in the U.S.  Released October 2016
Snapshot

Holiday and Poinsettia Bowls 

The Holiday and Poinsettia Bowls drive $35M worth of economic activity throughout San Diego County in 2014 and have generated over $730M in cumulative economic benefits since 1978.  Released March 2015
Article

Endurance Events in San Diego

The economic impact of Endurance Events in San Diego highlighting $64.1M in economic output, 583 jobs and $21.3M local wages.  Released in August of 2014
Executive Summary or UT Article