The Strength of Silicon Valley’s Economy is Revealed
Our local housing market is based on the strength of our local economy. The Joint Venture: Silicon Valley Network and the Silicon Valley Community Foundation recently released its 76 page Index of Silicon Valley report (note: report takes awhile to download):
The 76-page 2010 Index reports the latest data and trends in economic development, workforce, housing, education, public health, land use, environment, governance, arts and culture and other sectors throughout Santa Clara and San Mateo Counties and portions of Alameda and Santa Cruz Counties. An accompanying Special Analysis section of the report each year takes a closer look at a particularly significant topic.
Some of the issues highlighted in the publication include:
- Shifts in methods of funding innovation
- Governmental forces negatively effecting the region
- Decline in employment opportunities
- Housing affordability
- High commercial vacancy rates
All is not bad, but the report is not overly optimistic. If you like analytics and statistics than this is the publication for you.
