A world leader in 3G, 4G and 5G wireless technologies, Qualcomm is San Diego County’s largest publicly traded company. The locally-grown company has, quite literally, put the smart in our smart phones. More than that though, Qualcomm has poured into the San Diego community. Its innovation and investment in this region has catalyzed life-changing developments […]
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San Diego’s Quarterly Economic Snapshot: Q4 2017
Recovering from a decrease in employment during Q3 2017, San Diego, and the overwhelming majority of the most populous metros, experienced an increase in employment during Q4 2017. The region’s total nonfarm employment grew 22,100, or 1.5 percent during the quarter. Compared to a year ago, nonfarm employment was up 21,100, or 1.5 percent. Meanwhile, […]
EDC launches economic inclusion initiative
Today, EDC launched a data-driven initiative to drive economic growth and inclusion in the region. Catalyzed by San Diego’s participation in the Brookings Institution’s Metropolitan Policy Program learning lab in 2017, EDC released research that highlights the region’s economic pain points and necessity for an employer-led approach to tackling inclusivity issues. “Despite record-low unemployment and […]
EDC study first to quantify impact of defense spending in SD
Last week, President Trump signed a two-year budget deal that included a hike in the debt ceiling and agreements to raise spending caps for domestic and defense programs. For San Diego, a community where 20 percent of our GRP is tied to the military, this bill provides some stability and relief from the constant threat […]
WTC, partners talk data protection
On January 24, WTC San Diego partnered with the U.S. Department of Commerce to host a roundtable discussion on data protection and privacy regulation. Beginning in May 2018, virtually all U.S. exporters to Europe will need to be compliant with the new EU General Data Protection Regulations (GDPR). Regardless of the company, industry or sales […]
Study: Mapping San Diego’s Defense Ecosystem
Summary For more than a century, San Diego’s defense cluster has been at the heart of the regional economy. The breadth and depth of defense activity stretches far beyond military bases and naval ships; from telecomm to robotics, aerospace to cybersecurity, San Diego’s defense cluster is the driving force behind the region’s innovation economy. In […]
Community Profile: City of Vista
Summary The City of Vista, located along North San Diego County’s 78 Corridor, is home to nearly 102,000 people spread across nearly 30,150 households. While accounting for only 3.1 percent of the San Diego region’s population, Vista is one of the faster growing cities in the region. Since 2010, the City has grown by 8.0 […]
Edico Genome, Genomics England partner on next-gen sequencing
On the heels of EDC’s 2017 U.K. trade mission, San Diego-based Edico Genome and Genomics England announced a new partnership to strengthen the accuracy and consistency of next-generation sequencing (NGS) data analysis in Genomics England’s Rare Disease Pilot. The partnership will support Genomics England in making NGS the standard of care across the U.K.’s National […]
San Diego not on Amazon HQ2 short list
More than 230 regional bids later, Seattle-based tech giant Amazon released the top 20 cities that will proceed in the battle for its second North American headquarters (HQ2). San Diego/Chula Vista did not make the cut. Today we are announcing the communities that will proceed to the next step in the HQ2 process. Getting from […]
San Diego’s Economic Pulse – January 2018
Each month the California Employment Development Department (EDD) releases industry data for the prior month. This edition of San Diego’s Economic Pulse covers December 2017 data, including unemployment, new business establishments and job postings. Highlights include: The region’s unemployment rate was 3.3 percent in December, unchanged from November. The unemployment rate is nearly one full […]