Posts Tagged ‘sonoma county indicators’

Sonoma County Indicators

Wednesday, February 3rd, 2010

The Sonoma County Economic Development Board has released the Sonoma County Indicators Report for 2010. The report includes information on several trends.

Positive Trends:

Firm Establishment Growth: Establishment of new businesses grew 5% between 2007 and 2008 driven by the continued development of small start-up companies in green industries.

Housing Affordability: Between 2008 and 2009, the number of Sonoma County residents who could afford a median priced house doubled.

Crime: Rates of property and violent crime fell 31% and 11% respectively.

Water Conservation: Amount of water conserved has increased more than 50% since 2003.

Recycling: Has increased by 70% in the past decade.

Voter Participation: Peaked at a 10 year high in 2008.

High Wage Clusters: Over the past decade most of Sonoma County’s fastest growing clusters paid above average wages.

Negative Trends:

Unemployment: Rose sharply in 2009.

Education Achievement Gap: English language proficiency and high school graduation rates reflect a growing achievement gap among many ethnic groups.

Adult Obesity: Over the past 5 years the percentage of Sonoma County adults who are overweight or obese rose by 5%. More than 60% of Sonoma County adults are now overweight or obese.

Job Growth: Net loss of 8,800 jobs between October 2008  and October 2009.

Poverty Rate: The number of SOnoma County residents living below the poverty line increased 2% between 2007 and 2008.

Hotel Occupancy Rates: Year to date 2009 decreased 10% countrywide mirroring the statewide trend.

As the economy improves it will be necessary to focus on these various areas both negative and positive to assess our strengths and address our weaknesses. The local economy is directly affected by the state and national economies. California will probably recover more quickly than other areas of the country; with substantial recovery projected for 2012. However areas of the state will still exist with much reduced ability to recover, due to loss of industries, numbers of housing foreclosures and an under skilled workforce.

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