Blue Green Line in Header

View other regions: San Francisco |  South Bay |  Los Angeles |  San Diego |  Inland Empire

Beacon Economics provides customized five-year data forecasts for variables including:
    Taxable Sales
    Home Prices & Sales
    Personal Income

Learn more

CONTACT: Sherif Hanna
Receive the East Bay
Regional Outlook by email

Summer 2018

The East Bay’s current economic conditions indicate continued growth in the region throughout 2018. The area is adding jobs at a steady pace, led by the Construction and Professional and Business Services sectors, and as a result, the unemployment rate is at a record low. Additionally, rising home prices and increasing home sales reaffirm the region’s growing demand for housing.

Construction Industry Still Leading The Way

Between April 2017 and April 2018, total nonfarm employment in the East Bay increased by 2.3% to reach a total of 1.18 million employees. This rate of job growth outpaces San Francisco (+1.7%) and the state as a whole (2.1%), but lags the South Bay (+3.6%).

The East Bay’s Construction industry experienced the greatest employment increases, both in terms of absolute numbers (+6,100 workers) and percentage growth (8.7%). Together with Professional and Business Services and Manufacturing, these three industries constituted almost...


... To continue reading this current edition, please Login or Create an Account to view the full content. It's simple and we will never share your information without your permission.

No Nonsense Economics blog feature image

Client Quotes

"Beacon Economics has become an invaluable resource to the Los Angeles Area Chamber of Commerce, providing us with data and research that informs our efforts to rebuild the region’s economy."
Gary Toebben, President & CEO, Los Angeles Area Chamber of Commerce

"Beacon Economics has substantially increased economic literacy here in Sonoma County."
Ben Stone, Director, Sonoma County Economic Development Board

"The professional and technically skilled staff at Beacon Economics delivered an excellent product that has been key to our District’s long term planning and fiscal health."
Dave Collins, Assistant General Manager, Finance and Management Services, East Bay Regional Park District