Region: Sacramento
Nov. 26, 2014
In January 2014, there were nearly 14,000 jobs in the Sacramento Region’s “core” clean economy. These core jobs were in a range of businesses that provide the products and services that allow the entire economy to transition away from fossil fuels and improve efficiencies in the use of natural resources.
California will experience faster economic growth in 2014 and 2015, according to the latest projection from the Business Forecasting Center at the University of the Pacific. The Center forecasts real gross state product will grow 3.3% in 2014, and accelerate to 3.9% in 2015 as the housing recovery begins to fuel new construction and job growth. The nearly 4% growth rate in 2015 will be the highest California has experienced since 2005.
. . . regional research encompassed five distinct measurements: regional trends and current economic conditions assessment; regional business cluster analysis; base economic foundations evaluation; and a regional economic development ecosystem analysis.
. . . the Plan and the activities contained within have been embraced by the region’s leading economic development organizations and their business leadership, and has been officially adopted by five counties, 15 cities and two workforce investment boards thus far as their “economic game plan.”