Category Archives: San Francisco

San Francisco MSA Economy Withstands Market Volatility

Current California economic activity measures are showing signs of a two-handed economy. On the one hand, overall job growth in non-manufacturing sectors continues to be a fundamental positive for the state’s economy. However, the state’s manufacturing sector is feeling the … Continue reading

Posted in General, Quarterly Briefs, Regional Updates, San Francisco | Comments Off on San Francisco MSA Economy Withstands Market Volatility

Global Headwinds Ahead for San Francisco Tech Sector

Bay Area technology firms started the year with a less sturdy footing. A slowdown in the Chinese economy strained global financial markets at the end of 2015. Tech stocks, which were perceived to be a flight-to-quality stock at the beginning … Continue reading

Posted in General, Quarterly Briefs, Regional Updates, San Francisco | Comments Off on Global Headwinds Ahead for San Francisco Tech Sector

San Francisco MSA November Ballots Benefitted Developers

The San Francisco labor market strengthened more than expected in Q3. The metro area’s unemployment rate ended the quarter at 4.0 percent. This is the lowest reading since April 2001. Area nonfarm payrolls were up 3.3 percent from a year … Continue reading

Posted in General, Quarterly Briefs, Regional Updates, San Francisco | Comments Off on San Francisco MSA November Ballots Benefitted Developers

San Francisco MSA Still Going Strong

In this issue we are rolling out our new expanded analysis of the Northern California economy. Coverage of Northern California will now include two separate publications of quarterly analysis within the region. The first publication will focus on the San … Continue reading

Posted in General, Quarterly Briefs, Regional Updates, San Francisco | Comments Off on San Francisco MSA Still Going Strong

Northern California, Something’s Gotta Give

Northern California labor markets are rapidly tightening, putting additional pressure on business costs and demand for housing. Strong employment growth has driven down the area unemployment rate to 4.3 percent in March. The declining unemployment rate is coinciding with an … Continue reading

Posted in General, Quarterly Briefs, Regional Updates, San Diego, San Francisco | Comments Off on Northern California, Something’s Gotta Give

Northern California Faces Trade and Housing Headwinds

Northern California labor markets are heading into 2015 with strong momentum. The region added another 104,000 nonfarm payrolls in the 12 months ending in December 2014. The area’s labor force gained a net 85,000 participants last year, its highest annual … Continue reading

Posted in General, Quarterly Briefs, Regional Updates, San Francisco | Comments Off on Northern California Faces Trade and Housing Headwinds

Northern California Economy Driven By Strong Labor Market Gains

Northern California has created around 400,000 jobs in the past four years, bringing area payroll employment back to 2001 levels at over 3.1 million nonfarm workers. Job gains have been widespread over the past 12 months, with a quarter of … Continue reading

Posted in General, Quarterly Briefs, Regional Updates, San Francisco | Comments Off on Northern California Economy Driven By Strong Labor Market Gains

The Pluses and Minuses of Improving Northern California Home Prices

Recent Northern California housing market activity has its positives and negatives. For those owning a home prior to the housing crash, increasing home prices and the ability to refinance at lower rates have helped many reclaim most of the lost … Continue reading

Posted in General, Quarterly Briefs, Regional Updates, San Francisco | Comments Off on The Pluses and Minuses of Improving Northern California Home Prices

Northern California, Looking Frothy

Some Northern California price metrics are looking frothy. Home price growth is strong, yet unsustainable. According to the Case-Shiller Home Price Index, San Francisco year-over-year single-family house price growth remained above 20 percent from March 2013 to March 2014. House … Continue reading

Posted in General, Quarterly Briefs, Regional Updates, San Francisco | Comments Off on Northern California, Looking Frothy

Northern California: A New Home For the ‘Niners

Northern California labor markets improved in 2013. Nonfarm payroll employment has now surpassed its pre-recession peak, at 2,976,430 jobs in 2013Q4. We expect the Northern California economy to add another 56,000 jobs in 2014. The unemployment rate for the region … Continue reading

Posted in General, Regional Updates, San Francisco | Comments Off on Northern California: A New Home For the ‘Niners