Recent Publications

Bayer’s presence in Berkeley has benefited from a long-standing development agreement with the city, and a renewed agreement would facilitate Bayer’s future development plans over the next 30 years. These expansion plans would result in an increase in employment and new construction at the Berkeley site. This analysis looks at Bayer’s current contributions to the surrounding region. It also projects forward to provide insight on the economic implications of extending the Bayer Development Agreement with the City of Berkeley over the next 30 years.

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New data released from the U.S. Census Bureau’s Building Permits Survey show that per million people, California permits fewer housing units per million people than other populous states.

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This analysis explores the dichotomous relationship between the highest and lowest income households in the nine-county Bay Area over the last decade, examines how income inequality in the region may be impacted by the COVID-19 economic crisis, and considers how equity focused economic recovery strategies could safeguard against income inequities in the Bay Area deepening as a result of the pandemic.

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The economic impact of the arts collectively the organizations supported by those programs generate $1.7 billion in economic output and 36,828 full time-equivalent jobs. San Francisco currently spends $95.7 million annually to support the arts, which means that every million dollars it spends helps to generate $17.5 million in economic output and 385 jobs in the city.

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Housing is foundational to the California Dream, yet it has become one of the primary obstacles to livability in nearly every region of the state. From rising costs that push millions into poverty and result in longer commute times to new home production challenges, the inability of California to solve its housing crisis is negatively impacting opportunities to prosper, especially during a pandemic fueled recession that has crippled the financial security of millions of Californians and their communities.

Released by CA FWD with support from Wells Fargo, “Regions Build Together – A Housing Agenda for All California” provides a regions-up housing agenda consisting of 14 practical actions that can relieve the state’s persistent housing crisis. The report looks at the state through nine regional housing markets to identify the current state of affordability, distinct challenges, and opportunities that can be replicated or scaled up at a state level.

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New data analyzed by the Bay Area Council Economic Institute paints a clearer picture of the migration situation across California during 2020. Data provided by the United States Postal Service (USPS), which tracks change of address requests, shows California has experienced a significant uptick in the number of residents relocating out of the state during 2020.

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This report explains interconnected nature of the economy in Northern California Megaregion and examines the economic potential that a more efficient rail transit system could bring to the megaregion. The report examines how unlocking the transbay bottleneck with a new transbay rail crossing is an integral investment in building a connected rail network in the Northern California Megaregion and how that network would transform rail travel across the 21-county megaregion. 

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Given current geopolitical challenges around the world, the Indo-Pacific region will continue to grow in importance for the United States, and so, too, will its relationship with Australia. This report assesses Australia’s economic ties to the Bay Area and outlines areas where capabilities, resources, and close alignment will offer stronger opportunities for business and other collaboration in the future.

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In light of the drastic shift to remote work as a result of the COVID-19 pandemic, this report provides a foundational analysis of remote work eligibility in the Bay Area. It also seeks to begin understanding the economic, equity, and environmental considerations surrounding a potential sustained increase in remote work adoption in the region. The report was prepared by the Bay Area Council Economic Institute in partnership with the Bay Area Regional Collaborative (BARC).

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This is a chapter of the Economic Profile, the eleventh in a series of Bay Area Economic Profile reports produced since 1997 by the Bay Area Council Economic Institute in partnership with McKinsey & Company. This chapter focuses on COVID-19’s effects on regional labor force participation.

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This is a chapter of the Economic Profile, the eleventh in a series of Bay Area Economic Profile reports produced since 1997 by the Bay Area Council Economic Institute in partnership with McKinsey & Company. This chapter explores whether the region will become more globalized or localized as a result of COVID-19.

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This is a chapter of the Economic Profile, the eleventh in a series of Bay Area Economic Profile reports produced since 1997 by the Bay Area Council Economic Institute in partnership with McKinsey & Company. This chapter focuses on COVID-19’s effects on the higher education system.

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