Economy

Nvidia’s Boom is Not a Straightforward American Success Story

In what has been a bleak year for Silicon Valley, the sudden surge in the value of tech company Nvidia  read more »

San Francisco Loses Another 39,000 Taxpayers

Since the days of the Gold Rush, California has been a magnet for those seeking wealth.  read more »

What the New York Times Won't Admit About California

Even the New York Times has to admit unpleasant realities, like the departure of people from California and other deep blue states.  read more »

Bay Area Council: Can We Restore the California Dream?

Joel Kotkin, Presidential Fellow in Urban Futures at Chapman University and Marshall Toplansky, Clinical Assistant Professor of Management Science at Chapman University, plus Holland & Knight Partner Jennifer Hernandez and Raley’s President and CEO Keith Knopf join a Bay Area Council webinar to discuss how we can restore the California dream.  read more »

Restoring the California Dream

Join us for a webinar on January 21st, hosted by Joel Kotkin and Marshall Toplansky to learn how we can restore the California Dream for middle and working class Californians.  read more »

Meta (Facebook) Leases All Office Space in Austin's Tallest

The Austin Business Journal reports that Meta (former Facebook) has leased all 33 office floors of the under construction Sixth and Guadeloupe Tower, which is due to open in 2023.  read more »

Jaw-Dropping News: Companies Investing $48.1 Billion in New Factories in Texas

Economic development professionals in Texas will remember this November for a long time as the month saw announcements for three record-breaking, colossal construction projects. It’s fair to call them “Texas-sized.”  read more »

125+ Years Savings for House Down Payment in L.A., S.F. and San Jose

A just published report by Knock.com (see note) estimates that, at current prices, the median income household could require between 115 and 167 years to save for a down payment on the median priced new home in some major metropolitan areas.  read more »

California High Speed Rail: More Cost Overruns & Delays? (Los Angeles Times)

According to Los Angeles Times reporter Ralph Vartabedian (see: Cost overruns hit California bullet train again amid a new financial crunch, October 8), the troubled California high speed rail system could face additional cost overruns.  read more »

Housing Boom? Not in the Land of Lincoln

You’d think housing prices are rising everywhere in America, the way the current boom is discussed. And that’s nearly true, for lots of reasons  read more »