The Bay Area Council Economic Institute serves one of the world’s most innovative, competitive and diverse regional economies. The success of the Bay Area economy is built on an unparalleled culture of entrepreneurship. The Bay Area competes strongly in national and international markets as a knowledge-based, innovation-led economy.
The nine-county Bay Area embraces San Francisco, Marin, Napa, Sonoma, Solano, Contra Costa, Alameda, Santa Clara and San Mateo Counties, and includes the cities of San Francisco, Oakland and San Jose, as well as the high technology center of Silicon Valley and the heart of Northern California’s wine country.
With a market of more than six million residents, the Bay Area is California’s second largest and the nation’s fourth largest metropolitan region. While costs in the region are comparatively high, this is more than offset by its extraordinary economic productivity.
Rated the premier knowledge economy in the nation, the Bay Area offers a unique business environment for companies whose competitiveness depends on creativity, innovation, technological leadership, and the diverse and highly trained workforce required to compete and win in today’s global markets.