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The Big Picture San Diego Blog


September 2013

September 27, 2013

The Fifth Annual SDMAC Military Impact Study was released this week, quantifying the impact of the military's boot print on the San Diego region. Although sequestration has authorized military cutbacks, the region still has a strong defense cluster, with $25 billion flowing into our economy and more than one in five jobs (22 percent) linked to military spending.  The study also illustrated how the defense sector is linked to other sector of the region's economy.

Military Impact Infographic

Media Coverage:

 

Coverage:

ABC 10 , San Diego Military Advisory Council releases Military Economic Impact Study

NBC 7, Local Economic Impact from Military Budget Cuts

KPBS, More military cutbacks will be felt in San Diego’s pocketbook

 

September 23, 2013

The expansion of the San Diego Convention Center has been front and center across the region, with everybody from sports fans to politicians expressing their views on the project.  With years of legwork done on the expansion’s behalf, the planned contiguous expansion promises to be a waterfront asset with public space as its focal point. When complete, the expanded San Diego Convention Center will create $700 million in economic impact and $13 million in additional hotel tax revenue.

Of course, keeping the Chargers in San Diego is a priority, but this is not seen as an either-or situation. San Diego can have a world-class convention center and a world-class football stadium. It would be a service to our economy and community to have both. The majority of San Diegans have worked hard to get to a place where we’re on the same page about the fate of the contiguous expansion. We need to move forward now. We need to show potential conference visitors and the rest of the world what we already know: San Diego is a great place to live and work.

For starters, we can take a look at the medical conventions hosted at the San Diego Convention Center. With six medical conventions slated for Fall 2013, the industry brings a reported $293.3 million in economic impact. Hands down, Comic-Con has the largest economic impact of any conference in San Diego. As Convention Center expansion proponents note, it is essential not only for economic impact, but also for maintaining the region’s cultural foothold. However, the Society for Neuroscience will bring 32,000 attendees and generate more than $131.9 million in economic impact. That’s nearly 75 percent of Comic-Con’s impact, with only a quarter of the number of attendees. Compounded with the region’s strong life sciences research – thanks to Sanford Burnham and others - and strong healthcare facilities, it would be hard to argue that these are not the exact type of people we want to attract to the region. Conferences are one way to get them here and we cannot delay the process any longer.

Every year, there is a plethora of conferences that San Diego cannot host simply because we do not have the capacity.  Our convention center business is already booming, but as conference organizers continuously expand, we cannot rest on our laurels any longer that our nice weather will bring people here. Yes, it helps but we need the capacity. The airport’s new Green Build just added 10 additional gates and numerous commercial opportunities. The expanded San Diego Central Library is slated to open next week. Now the convention center needs to follow suit.

Build it and they – the talent, the conferences, the investors -will come.

Now we’ll let the infographic do the rest of the talking

 

 
September 17, 2013

With more than 2,800 manufacturers spread out across San Diego County, the region is home to a diverse and growing manufacturing base which supports more than 91,000 jobs.  Yet there is a growing perception that manufacturing is on its way out, as jobs supposedly head overseas to remain cost competitive.  Every day, companies are finding ways to innovate and refine the manufacturing process and retain and bring back manufacturing jobs and it’s happening right here in our backyard.

On Oct. 4, many of these San Diego companies will open their doors to the public as part MFG Day, a national program that addresses common misperceptions about the manufacturing industry.  Participants include:

·         D&K Engineering – As the exclusive manufacturer of innovative e-recycler EcoATM, this Rancho Bernardo company also works in the medical device and 3d printing space. Register

·         Quality Control Manufacturing Inc. –  What started as a one man operation in a garage in 1978, has grown into a 95 person team for this Santee precision parts manufacturer Register

·         Taylor Guitars – Located in El Cajon, the Taylor Guitars’ factory tour takes guests through the steps of guitar construction. From wood selection to final assembly, guests will experience each process as a guitar evolves from raw wood into a finished instrument. Register

The tours will be preceded by a breakfast panel and discussion with representative from the touring companies at San Diego City College.

So why should San Diego County care about manufacturing? Here are a few reasons:

·         According to the Manufacturing Institute, every job created in the manufacturing sector supports 2.5 additional jobs

·         Manufacturing crosses all sectors – Military, tourism, and innovation- of San Diego’s traded economies; For example, the San Diego Military Advisory Council reports that the manufacturing industry is the largest business sector that provides goods and services to the military throughout San Diego County

·         The industry is more relevant than ever: According to the U.S. Census Bureau Quarterly Workforce Indicators, California's manufacturers created 51,571 new jobs in the third quarter of 2011

·         The Mega-region creates an economically competitive landscape for manufacturers—Just ask companies including 3Drobotics, Taylor Guitars, and Aqua lung

·         Small businesses are the lifeline of San Diego’s manufacturing ecosystem;  80 percent of manufacturers in San Diego and Imperial Counties have less than 10 employees

We hope to see you at Manufacturing Day, but if we don’t catch you there, you can still follow the conversation on twitter using the hashtag #MadeinSD.


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