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  • Silicon Valley population to hit 3,000,000 on May 5

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    April 24, 2015 - Silicon Valley’s population will reach three million on May 5, Joint Venture’s Silicon Valley Institute for Regional Studies has estimated.

    Researchers at the Institute reached their conclusion using population data from the state and daily growth rates for the region, which is adding nearly 90 people per day. The Institute will issue a complete report on the population explosion on May 5.

    See the population countdown clock on the Silicon Valley Indicators website.

  • Community Choice Energy Program Roundtable

    Save the Date flyerApril 15, 2015 - Joint Venture is joining with the San Mateo County Economic Development Association, the Redwood City-San Mateo County Chamber of Commerce, the San Mateo Area Chamber of Commerce and the South San Francisco Chamber of Commerce to host a Community Choice Energy Program Roundtable in South San Francisco May 4 from 11:30 a.m. to 1 p.m.

    State and regional experts will explain how the program may impact commercial energy customers, and San Mateo County officials will discuss how the county is looking at accelerating the use of greener power to provide more local control over energy costs.

    The event is free with registration. Register now.

  • Poverty rate at 11.3 percent in affluent Bay Area

    Poverty brief coverApril 13, 2015 – More than one in ten Bay Area residents are living in poverty in spite of it being among the world’s wealthiest regions, according to a new brief released today by the Joint Venture Silicon Valley Institute for Regional Studies.

    The “Poverty in the Bay Area” study finds that 829,547 people living in the Bay Area, or 11.3 percent, were impoverished in 2013, just below the historical peak of 12 percent and still much higher than the average rate of around 9 percent.

    Read the news release. | Download the brief.

  • Meet Edith Ramirez, City of Morgan Hill

    Edith Ramirez April 29, 2015 - Quick, name a Bay Area getaway destination with great weather, a vibrant downtown, charming boutiques, fine dining, award-wining wineries, spacious parks, golf, cycling, hiking, water sports and open space. Did you say Napa? Carmel? Try Morgan Hill.

    No longer just a bedroom suburb for Silicon Valley workers, Morgan Hill has become a thriving community on its own, says Edith Ramirez, the city’s economic development manager and chair of Joint Venture’s Silicon Valley Economic Development Alliance.

    Read Edith's profile.

  • Monthly Investors Council Spotlight
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    April 22, 2015 - Joint Venture's Investors Council welcomes the San Francisco Forty-Niners and the San Jose Earthquakes, joining dozens of public and private organizations and foundations supporting our initiatives and programs. The Investors Council currently includes more than 100 private organizations, 56 public entities and 13 foundations.

    Joint Venture offers a variety of support and sponsorship opportunities for individuals, corporations, and public sector organizations. We eagerly welcome this support to sustain our projects and initiatives. All Joint Venture affiliates enter into continuing relationships with the organization that support the analytical work and all the projects we undertake. To inquire about becoming a member of our Investors Council, call (408) 298-9330 or visit our Become an Investor page.

  • Silicon Valley Indicators

    indicators home page Did you know you can get comprehensive information and data about the economic and community health of Silicon Valley any time by visiting the online home of the Silicon Valley Index at www.siliconvalleyindicators.org?

    The site is maintained and constantly updated by the Joint Venture Silicon Valley Institute for Regional Studies and is a robust collection of charts and information with links to local, regional and national data sources, and resources for additional information within each of the indicator categories: People, Economy, Society, Place and Governance.

    Download the 2015 Silicon Valley Index.

  • This Month on "Inside Silicon Valley"

    Inside Silicon Valley logoMay 1, 2015 - Silicon Valley’s growing population, the iPhone and other tech gadgets, and an alternative approach to incarcerating young adults are among the topics this month on Joint Venture’s weekly public affairs radio program, “Inside Silicon Valley.”

    Scheduled guests include Rachel Massaro, senior research associate with the Silicon Valley Institute for Regional Studies (May 3 & 4); Troy Wolverton, San Jose Mercury News personal technology columnist (May 10 & 11), and Jane Mitchell, CEO of The Reset Foundation (May 22 & 24)

    Joint Venture CEO Russell Hancock hosts the hour-long program, which regularly airs every Friday at 7 p.m. and again Sunday at noon on 1590 KLIV. Due to KLIV's broadcasts of San Jose Earthquakes games May 1 and May 8, those Friday shows will be broadcast May 4 and May 11 at 7 p.m.

    Scheduled guests this month:

    May 3 & 4: Rachel Massaro, Senior Research Associate, Silicon Valley Institute for Regional Studies
    May 10 & 11: Troy Wolverton, Personal Technology Columnist, San Jose Mercury News
    May 15 & 17: TBA
    May 22 & 24: Jane Mitchell, Co-founder, The Reset Foundation
    May 29 & 31: TBA

    Learn more about the program. | Listen on iTunes.

Top Videos

2015 State of the Valley

2015 State of the Valley recap video by PRx Digital.

More than 1,200 people packed the 2015 State of the Valley conference on Feb. 4 at the Santa Clara Convention Center, where they heard keynote remarks from Stanford University President John Hennessy, Time assistant managing editor Rana Foroohar, author and political theorist Benjamin Barber, and Technology Partners general partner Ira Ehrenpreis, as well as a panel discussion with Sam de Brouwer, Veronica Juarez, Jitendra Kavathekar, Matt Mahan (moderator), Jeff Modisett, and Ben Nelson. The day began with an update on the region’s economy and also featured the Packard Award presentation to Chris DiGiorgio and Chuck Reed, an exhibitors hall, and entertainment by local youth groups.

Briefing on the 2015 Silicon Valley Index

The 2015 Silicon Valley Index revealed that Silicon Valley’s economy is thriving from San Jose to San Francisco, surging to levels that are overwhelming the Bay Area’s capacity to handle it. At the same time, the wave of prosperity continues to widen the middle-income gap and strain the region’s ability to accommodate its ever-rising housing costs, commuter rates, traffic and transit ridership.

The comprehensive yearly analysis of the economic strength and overall health of Silicon Valley showed the region with nearly 58,000 new jobs – the highest growth rate since 2000 – 42,000 new residents, average annual earnings of $116,000, venture capital investments higher than any other year since 2000, 17,000 new patent registrations and more than 16 million square feet of new commercial building space approved.

Here is Joint Venture President and CEO Russell Hancock’s report on the 2015 Index to the annual State of the Valley conference Feb. 4, 2015.

Learn more about the Silicon Valley Index online at www.siliconvalleyindicators.org.

Top Downloads

Poverty Brief, March 2015

poverty brief cover This research brief examines aspects of poverty in the San Francisco Bay Area, its regional distribution and areas of intense concentration, as well as the demographics of the impoverished population.

Learn more about the Poverty Brief, view interactive charts, and download the underlying chart data on the indicators website.



Silicon Valley Index - 2015

2015 Silicon Valley Index yellow cover The 2015 Silicon Valley Index reveals Silicon Valley’s economy is thriving from San Jose to San Francisco, surging to levels that are overwhelming the Bay Area’s capacity to handle it.

Learn more about the Silicon Valley Index online at www.siliconvalleyindicators.org.





Driving Clean Energy Adoption: Regional Approaches and Success Factors in the U.S. and China

Driving Clean Energy Adoption green cover As of the end of 2013, China and the United States were the two top countries in terms of total installed renewable power capacity, as well as investments in renewable energy. Driving Clean Energy Adoption examines five leading clean energy regions in the United States and China based on primary and secondary research, including numerous interviews of key stakeholders.

Included in the report are information and findings that are broadly applicable to other regions working to further clean energy adoption. The drivers, benefits and considerations for regional success in promoting clean energy adoption are outlined, case studies are presented, and resulting key challenges and success factors are extracted and provided. The findings suggest a handful of the most important factors for regional clean energy adoption relating to policy frameworks, utility involvement, collaboration, local leadership and innovation.

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In The News

May 2, 2015 - (San Jose Mercury News) - Pizarro: Population Milestone: "If you've been feeling a little crowded lately, maybe it's because Silicon Valley is approaching 3 million residents any moment now." More

May 1, 2015 - (KLIV) - Silicon Valley Populations Expected to Hit 3 Million People: "Joint venture Silicon Valley is projecting that Silicon Valley will hit 3 million people next week." More

April 30, 2015 - (Reno Gazette Journal) - Tesla Motors Charging Into Home, Commercial Storage Battery Market: "The gigafactory will dedicate an estimated 15 gigawatt hours of its capacity toward stationary batteries compared to 35 gigawatt hours for car batteries, said Tesla chief technology officer JB Straubel during Joint Venture Silicon Valley's 2014 energy storage symposium last year. More

April 29, 2015 - (New York Times) - Japanese PM Seeks Tech Innovation in Silicon Valley Visit: "'We've had a parade of ministers and secretaries lately, and they're all wanting to associate themselves with the dynamism that is in evidence here,' said Russell Hancock, president of Joint Venture Silicon Valley, an organization focused on the local economy and quality of life." More.

April 28, 2015 - (Silicon Beat) - Tech Boom Pressures Silicon Valley Housing and Transportation: "'We have phenomenal growth,' said Russell Hancock, president of San Jose-based Joint Venture Silicon Valley." More

April 24, 2015 - (Wall Street Journal) - Weekend Read: Will the Tech Boom Go Bust?: "After the think tank Joint Venture Silicon Valley released an optimistic report about the region’s economy, its president Russell Hancock told the reporter, 'I don’t see any kind of bubble. This is not 2000.'” More

April 23, 2015 - (Mountain View Voice) - City Sets Goals to Boost Housing Supply: "As for transportation projects, city leaders prioritized completing the last segment of a transit trail in the North Bayshore and working on regional traffic solutions through Joint Venture Silicon Valley." More

April 23, 2015 - (Washington Post) - Why the Pentagon is Wooing Silicon Valley (and the Valley is Playing Hard to Get): "“They just couldn’t be farther apart,” said Russell Hancock, president of Joint Venture Silicon Valley... More.

April 22, 2105 - (Boston Herald) - San Fran Housing Rent Up a Sizzling 14.8 Percent in 12 Months: "Tech workers living in the San Francisco Bay area earn an average of $184,309 annually, according to the Joint Venture Silicon Valley." More

April 21, 2015 - (Minneapolis Star Tribune) - Charities Put Smartphones in the Hands of the Homeless: "That is compared with $61,489 in the U.S. as a whole, according to Joint Venture Silicon Valley." More.

April 18, 2015 - (Palo Alto Weekly) - Guest Opinion: Huge Income 'Gender Gap' — A Conspiracy or Just Socioeconomics?: "The blockbuster headline news out of this year's 'State of the Valley' conference and detailed 'Index' report was that the so-called 'gender gap' in pay for men and women is bigger as they obtain advanced degrees. But why? More.

April 17, 2015 - (Silicon Valley Business Journal) - Silicon Valley Workers Join Fight for $15: "The median income for skilled tech workers tops $118,700, while low-skill workers' wages hover around $27,000, according to a recent report from Joint Venture Silicon Valley." More

April 14, 2015 - (New York Times) - Fighting Homelessness, One Smartphone at a Time: "That is compared with $61,489 in the United States as a whole, according to Joint Venture Silicon Valley, which publishes an annual report." More.

April 13, 2015 - (Silicon Valley Business Journal) - Showdown Looms for the Fate of Palo Alto's Last Affordable Haven: "The median income for skilled tech workers tops $118,700, while low-skill workers' wages hover around $27,000, according to a recent report from Joint Venture Silicon Valley. More

April 3, 2015 - (International Business Times) - New Facebook, Apple, Google Campuses Expected To Exacerbate Silicon Valley's Housing Crisis: "Last year, the median home price in Silicon Valley ... reached $757,585, according to Joint Venture Silicon Valley (JVSV). More.

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