07/02/2022

News

Albertsons to Cut as Many as 2,500 SoCal Jobs

Company: AlbertsonsCA Net Job Gain/Loss: -2500Reason: LayoffCity/Region Losing Jobs: Southern California areaNotes: Job losses from 247 store locations throughout Southern California

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California’s Highway Infrastructure: Traffic’s Looming Costs

“. . .uses the current cost of congestion (defined as time and fuel wasted due to travel delays during peak periods) as a starting point, and examines exactly how much that burden will grow if road capacity remains unchanged through the year 2030. The authors also examine alternate scenarios to determine the extent to which future congestion costs can be mitigated by undertaking manageable levels of new road construction during the same period. “

Research & Studies
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Strategies for Expanding California’s Exports

Last year, Texas exported $249 billion in goods and services, compared the Golden State’s $159 billion. This report from the Milken Institute charts a path for how the state can reverse the trend.

Research & Studies
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International Trade Outlook, The Southern California Region, 2012-13

International trade data and trends for Southern California

Research & Studies
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California Trade Report

Monthly analysis of California trade data

Research & Studies
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International Trade and the Bay Area Economy: Regional Interests and Global Outlook 2012–2013

“. . .semi-annual report documents the importance of international trade to the Bay Area economy and assesses global economic conditions, pending international trade agreements, and the trade outlook for specific economic sectors of interest to the region. “

Research & Studies
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Widening the Panama Canal and the Future of Global Trade Mapping

Up and down the Atlantic coast, US ports are abuzz. Dredging machines, tunnel excavators, and highway pavers from Miami to New York are preparing metropolitan economies and their ports for a newly expanded Panama Canal. As the thinking goes, an expanded Canal promises bigger ships, bigger cargo loads–and each metro wants a piece of the bigger business.

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350 Layoffs Pending at Nuke Plant

Company: Southern CA EdisonCA Net Job Gain/Loss: -350Reason: LayoffCity/Region Losing Jobs: San Clemente, CA

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California Opens Shanghai Trade Office As Exports Slump

California Governor Jerry Brown is scheduled to reopen a trade office in China, the state’s third- largest market, after exports to the world’s most populous nation slipped in 2012.

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Brown Leads Trade Delegation To China

California Governor Jerry Brown will lead a trade and investment delegation of 75 members on a one-week visit to China beginning next Wednesday. Brown and the delegation will visit Shanghai next Friday when the California-China Trade & Investment Office will reopen after a similar one closed in 2003. The office is to be funded with $1 million in private-sector funds raised by the Bay Area Council, a business group in the San Francisco Bay Area.

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Consumer Spending Surprisingly Robust In February

WASHINGTON — Consumer spending grew at a surprisingly strong pace last month, another encouraging sign that the economy may be gaining momentum despite the hit from higher taxes and gas prices and fears of government spending cuts.

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Home Depot to Hire 900 Seasonal Workers at Local Stores

Company: Home DepotCA Net Job Gain/Loss: 900Reason: ExpandCity/Region Gaining Jobs: San Diego County, CANotes: Seasonal workers

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Amazon Fulfillment Center to Create Jobs

Company: Amazon.com Inc.CA Net Job Gain/Loss: 1000Reason: Expand, From Out of StateCity/Region Losing Jobs: Seattle, WACity/Region Gaining Jobs: Tracy, CA

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Amazon Site in Patterson Nearing Start of Construction

Company: Amazon.com Inc.CA Net Job Gain/Loss: 350Reason: Expand, From Out of StateCity/Region Losing Jobs: Seattle, WACity/Region Gaining Jobs: Patterson, CA

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American Airlines Expects 1,097 California Layoffs in November

Company: American AirlinesCA Net Job Gain/Loss: -224Reason: LayoffCity/Region Losing Jobs: San Francisco, CANotes: Story describes cuts in four different cities in CA with specific job loss figures

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