Monthly Report

September 2025

It’s that time of year again. More than 200,000 students have just made their way back to campuses, classrooms, dorm rooms, and lecture halls across our region. All ages and backgrounds. Residents and commuters. Adult learners and recent high school graduates. Hopeful. Motivated. Excited. All the things a region could and should hope for as it looks to grow and sustain a world-class economy and a world-class workforce.

To know and understand anything about the history of San Diego and our economy is to know and understand the value, strength, and importance of higher education. The critical role that our universities, community colleges, and learning communities have played over the last several decades cannot be overstated. As an economic development community, we must never forget what an important role they have played in growing and diversifying our region. Yet as classes begin this year, unprecedented challenges continue to mount for San Diego and for our nation’s higher education institutions….

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by the numbers

250+

ATTENDEES AT SUMMER BASH

 

$285M

Estimated economic impact of midway rising

34%

DeCREASE IN vc Funding (q2)

4.9%

UNEMPLOYMENT RATE IN sAN dIEGO (Q2)

Q2 ECONOMIC Snapshot

In this issue covering Q2 2025, EDC reports a spike in unemployment rates, continued office vacancy growth, and a decline in overall venture capital funding—trends reflecting ongoing economic uncertainty.

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EDC analysis: Midway Rising set to generate $285M local economic impact

Commissioned by Midway Rising, EDC quantified the annual estimated economic impact of the Midway/Sports Arena redevelopment, which will include 4,250 new homes, 130,000 square-feet of retail space, and more.

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Addressing the talent gap through inclusive innovation

In May, EDC hosted more than 50 local leaders for its quarterly roundtable update on the Inclusive Growth talent goal. Attendees engaged in critical conversation about the ways work-based learning, credit for prior experience, and new forms of education funding will help the region reach its skilled talent goal.

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With and through more than 150 investors, we are creating a more inclusive San Diego.

July and August renewals and new members: