What are the current patterns of employment growth in Santa Barbara County agriculture, professional and business services, and leisure and hospitality? These three industries account for 37% of employment in Santa Barbara County.
There are some interesting and, perhaps, disquieting, trends in the GDP data for Santa Barbara County. Although GDP grew during the first part of the last decade, it has been stagnant at between $17.5 billion and $18.0 billion since 2004. If Santa Barbara County GDP is related to California GDP, then the forecast for Santa Barbara County GDP in 2012 is $18,025 million, not much beyond the range for the last seven years. Could the local economy be in danger of a stall?
What are the prospects for future employment opportunities in Santa Barbara County? Real Gross Domestic Product (GDP) has not increased for this area since 2005. Since GDP is not growing, the demand for labor is stagnant, and employment in all industries during 2012 was less than it was in 2005.
The California Department of Finance has three research groups. One group is in charge of economic data, including forecasts of employment and personal income. A second group is responsible for demographic variables. The third group forecasts budget information for the Governor. This blog is a beginning investigation of future employment needs in California and Santa […]
One of our recent projects at the UCSB EFP has been to find ways to give our friends and sponsors better access to the vast amounts of data we have. We explored several options and finally decided to use the Google Public Data Explorer because of how easy it is to use and how it […]
9/19/13 •Employment in Several Industries in Santa Barbara County: 2000 through June 2013
9/12/13 •Trends in GDP in Santa Barbara County and the State of California
9/06/13 •Employment Prospects in Santa Barbara County 2013 through 2015
7/30/13 •Mysteries of the Spider Chart Explained
2/25/13 •EFP North County Event a Big Success
7/23/12 •California Sales Tax and Shopping Interest on Google Trends
7/13/12 •Sales Tax, State and Local Government, Sacramento and Santa Barbara
4/12/12 •Santa Barbara Bank & Trust Acquired by Union Bank
11/03/11 •Comparing Recessions – Santa Barbara County
9/20/11 •Crime in Santa Barbara