The 2021 Silicon Valley Index: Tale of Two Valleys
Joint Venture CEO Russell Hancock summarized the major findings from the 2021 Silicon Valley Index at the annual State of the Valley conference held online February 23-24. The report showed the region in a state of bifurcation with the tech sector mounting record numbers while the in-person economy shuttered. "We are not one but two Valleys," Hancock explained, with charts showing the nation's most pronounced income inequality and troubling racial disparities, even while Silicon Valley's driving industries filled a crucial (and highly profitable) role in the global pandemic.
Joint Venture’s 2021 State of the Valley conference was held entirely online this year over two consecutive days, February 23 and 24. You can view all the sessions on our YouTube channel.
2021 Silicon Valley Poll
According to the Silicon Valley Poll, Bay Area residents (65%) feel a strong sense of belonging to their region. Yet the majority believe the quality of life has grown worse. More than half (56%) plan to move out of the Bay Area in the next few years. The poll was placed in the field by the Institute for Regional Studies in partnership with the Bay Area News Group.
Silicon Valley Multifamily Housing - September 16, 2021
Silicon Valley Commercial Space - Q2 2021
Economic Impacts to Residential Real Estate from Small Wireless Facilities - July 2021
This study focused on whether objective evidence in real estate sales records show residential real estate valuation impacts from small wireless facilities or “small cells,” concluded that small cell facilities do not have an appreciable effect on nearby property valuations. It was authored by David Witkowski, executive director of Joint Venture’s civic technology initiative and Ralph B. McLaughlin, chief economist and senior vice president of analytics at Haus.com.
Silicon Valley Index - 2021
The COVID-19 pandemic has affected every aspect of Silicon Valley’s economy and the greater community, according to the 2021 Index, released by Joint Venture’s Institute for Regional Studies. From the health impacts of the virus, to its effect on employment, IPOs, childcare, hunger, and housing, the pandemic has plowed through every sector, often with long-term implications. As a timely addition this year, the Index includes a section devoted to the impacts of COVID.
Learn more about the Silicon Valley Index online at www.siliconvalleyindicators.org.