2020 Index News Coverage

February 15, 2020 - (Inequality.org) - A Silicon Valley Life Lesson: Money that ‘Clumps’ Crushes - Housing costs in Silicon Valley, the Institute for Regional Studies report notes, “remain the highest in the nation.” More

February 15, 2020 - (Opinion-Russian publication) - Are you planning to move to Silicon Valley? ...[per] Joint Venture Silicon Valley, for the third year in a row more people leave the region than come. More

February 15, 2020 - (Mercury News) - State of the Valley is looking good — but not for everyone: The State of the Valley conference, Joint Venture’s annual “town hall” meeting on Friday had plenty of the usual superlatives about the positive aspects of life in Silicon Valley. More

February 15, 2020 - (San Jose Spotlight) - Silicon Valley leaders highlight growing inequality during annual State of the Valley: During the annual State of the Valley conference on Friday, top Silicon Valley leaders highlighted how the gap between rich and poor is widening in the region... more

February 14, 2020 - (Protocol) - Dan Rather in Silicon Valley: ‘These pipelines have wreaked havoc’ - Rather, the former CBS News anchor, told the audience during his keynote address at the State of the Valley conference in San Jose. More

February 14, 2020 - (Silicon Valley Business Journal) - From the editor: A 'tenuous' take on Silicon Valley's state of play -In a document as rich as the annual Silicon Valley Index, with its multiple charts and graphs detailing the local economy, there’s one page that I always look to as a barometer — Russell Hancocks “about the index”...More

February 13, 2020 - (Hayvine) - Tech Becomes The Highest Economic Generator In Silicon Valley:The tech industry has generated almost half of the jobs in the Valley for two consecutive years, and Russell Hancock, President of Joint Venture Silicon Valley, said... More

February 13, 2020 - (Planetzen) -Tech Buses: Not Just for Techies, and Not Just for San Francisco:"That just tells you the story of the Bay Area," said Russell Hancock, president and CEO of regional think tank Joint Venture Silicon Valley. More

February 13, 2020 - (NBC Bay Area) - Income Gap Widens in Silicon Valley: Report: The latest figures from Joint Venture Silicon Valley show a widening gap between the haves and have-nots in the Bay Area. More

February 13, 2020 - (World Journal) - Silicon Valley annual index 13% Silicon Valley population holds 75% of wealth: Joint Venture Silicon Valley announced the 2020 Silicon Valley Annual Index on the 12th. More

February 12, 2020 - (San Jose Spotlight) - Business booms as inequality grows in Silicon Valley, report finds: The problem tends to be worse for those who have less money, said Rachel Massaro, vice president and director of research for the Silicon Valley Institute for Regional Studies. More

February 12, 2020 - (Palo Alto Online) - Income inequality reaches a 'historic high' in Silicon Valley, new report shows: The Silicon Valley Index, an annual overview of the region's economic and demographical trends, highlights some of the region's most notable trends of 2019. More

February 12, 2020 - (ABC7) - Some Silicon Valley residents under financial stress with growing tech economy: "We have very high earners, and they are thriving, and they're building out the tech sector. But the rest of us are in those stagnating quadrants of the economy," said Dr. Russell Hancock, Joint Venture Silicon Valley CEO. More

February 12, 2020 - (Mountain View Voice) - Income inequality reaches a 'historic high' in Silicon Valley, new report shows: The Silicon Valley Index, an annual overview of the region's economic and demographical trends, highlights some of the region's most notable trends of 2019. More

February 12, 2020 - (CNET) - Silicon Valley continues losing people as costs rise, report says:There have been 821,000 new jobs created in the Bay Area since the recession, but only 173,000 new housing units, said Russell Hancock, Joint Venture CEO and president Russell Hancock. More

February 12, 2020 - (Silicon Valley Business Journal) - Red flags emerge for booming Silicon Valley economy:The latest edition of the Silicon Valley Index, the annual overview of the region’s economic and social wellbeing, reveals both an economy that’s starting to slow down as well as a society that’s being stretched and stressed. More

February 12, 2020 - (Mercury News) - Tech becomes bigger economic engine for Silicon Valley, Bay Area: new report:Over the 12 months that ended in mid-2019, Silicon Valley added about 29,000 jobs, the 2020 Silicon Valley Index report determined. More

February 12, 2020 - (Protocol) -For the third consecutive year, Silicon Valley saw more people leave than come in."The granularity of migration data in this year's Index is eye-opening – we're essentially turning over our population by nearly 5% every year, with the influx of foreign immigrants increasing our region's diversity and tech talent base," said Rachel Massaro, Joint Venture vice president and director of research. More

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