Monthly Report – July 2021

A note from Mark Cafferty

Over the last several months, our work at EDC has had to move and change in some significant ways to respond to the economic conditions around us. And while this is always a part of our work and planning, it is safe to say that 2020—and the early stages of 2021—challenged us greatly and taught us a lot about our work and our economy, as it did all of you.

Investors and community partners often ask me what a day or a week at EDC looks like—some are just curious what the actual work feels like on a day-to-day basis; others are interested in knowing what we are seeing and experiencing through the businesses we work with to better understand if their needs and priorities may signal bigger or broader economic trends, challenges, or opportunities for the region.

As always, we do all that we do with an eye on building a stronger, more inclusive economy, producing more skilled workers, creating more quality jobs within our small businesses, and establishing more thriving households and a better quality of life for businesses and residents in all corners of the San Diego region.

Read more from Mark.

By the Numbers

  • 6.4% San Diego County unemployment rate
  • 194 businesses assisted year-to-date
  • 8.9K jobs impacted year-to-date
  • $3.5B economic impact of region’s cybersecurity cluster

Featured Stories

Investor Recognition

  • CBRE
  • Charter Communications
  • City of Carlsbad
  • City of Escondido
  • Evans Hotels
  • Hines
  • HomeStreet Bank
  • Katz & Associates
  • Lowe Enterprises
  • Lytx
  • Newport National Corporation
  • Options for All
  • Padres Pedal the Cause
  • PCL Construction
  • Procopio
  • Qualcomm
  • San Diego Housing Commission
  • San Diego Padres Baseball Club
  • Steinberg Hart
  • Willis Allen Real Estate

See our August Monthly Report here.