May 22, 2020 - Joint Venture’s Institute has released analysis comparing current unemployment rates against those from the last 20 years. The numbers reflect an unprecedented 11.6% unemployment rate surpassing even the post-dot com bust of 2009.
May 2020 - The City of Palo Alto—like other Silicon Valley cities—is continually looking to find the right balance between the activities and contributions of businesses, residents, and the collective community that they create. Stanford University commissioned the Institute to provide detailed information about the existing business mix and conduct an impartial assessment of the existing impact of the City’s businesses and key contributing industries to overall economic activity and city tax revenues.
May 15, 2020 - The Institute has compiled a summary of the San Francisco-Oakland-Hayward metro area consumer price index (CPI). Looking back to 1978, the two-month period percentage decline in the Index shows that the COVID-19 pandemic has brought about a decrease of 0.5 percent. No declines between April and February have occurred since 2003, and none of this magnitude since 1986.
May 11, 2020 - Since February, Bay Area hiring activity has declined by 25% compared to 21% nationally, according to a new data release from Joint Venture’s Institute for Regional Studies. The Institute compared the results to the U.S. overall and against 10 other metro areas.
May 1, 2020 - Joint Venture’s Institute for Regional Studies has compiled a summary of regional layoffs charted since July, 2019 and following the April 25 release of the California Employment Development Department WARN (Worker Adjustment and Retraining Notification) report.
April 28, 2020 - Joint Venture’s Institute for Regional Studies has released new analysis that examines how Silicon Valley and San Francisco’s publicly-traded companies have performed on the heels of the COVID-19 pandemic.
April 27, 2020 - Joint Venture’s Institute for Regional Studies has released analysis of the region’s consumer spending trends and how they have changed during the COVID-19 pandemic. The release compared retail sales trends for the U.S. overall and changes between February and March.
Q1 2020 - This is the first quarterly report to be released since the onset of the COVID-19 pandemic. It shows a significant amount of new space is under construction, despite some pandemic-related delays.
April 17, 2020 - On the heels of the COVID-19 crisis, Joint Venture's Institute for Regional Studies has released preliminary analysis that shows an uptick in the unemployment rate to 3.1% - a sharp increase but significantly lower than the recession-peak of 10.5% in the summer of 2009. The report follows the release of preliminary March 2020 labor market data (which has a lag time of several weeks) from the California Employment Development Department (EDD).
April 3, 2020 - Joint Venture’s Institute for Regional Studies has released a comparison of recent month-over-month changes in Bay Area hiring compared to the United States overall. The analysis follows the release of national and metro-area hiring data from LinkedIn’s Economic Graph.
The Silicon Valley Institute for Regional Studies is the research arm of Joint Venture Silicon Valley, and is housed within the organization. Research topics focus on economic and community health issues within Silicon Valley and the greater Bay Area, as well as on broader regional issues.
Get comprehensive information and data about Silicon Valley’s economic and community health at siliconvalleyindicators.org.
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