The Signal

Santa Clarita Valley — By the Numbers

- BY HOLLY SCHROEDER President and CEO of the Santa Clarita Valley Economic Developmen­t Corp.

Providing vital data and informatio­n is just one of the important services and resources that the SCVEDC provides to local businesses.

Our “Econowatch” section below compiles monthly updates to various housing stats, commercial and industrial constructi­on activities, as well as commercial vacancy rates and unemployme­nt numbers for our region.

Most prominent of these resources come from our resident economist, Dr. Mark Schniepp. Every quarter Dr. Schniepp and the SCVEDC put out an Economic Snapshot.

These are more in-depth updates than Econowatch that include labor force and employment trends, residentia­l and commercial real estate, hotel vacancy rates, and film activity data.

Keep an eye out for the Q4 2022 Snapshot and its accompanyi­ng podcast episode with Dr. Schniepp in March!

Each year for our Economic Outlook event Dr. Schniepp provides attendees with an in-depth presentati­on, working with the SCVEDC to compile a separate comprehens­ive data report called the Economic Outlook Book.

These economic forecasts are important for companies that need to have a short and long-term picture of what the economic trends will be and how that will affect the decisions they make.

This event is the only place to get economic data specific to the Santa Clarita Valley topics such as demographi­cs, employment, residentia­l and commercial real estate trends, new developmen­ts, and quality of life. If you missed the 2022 Outlook, it is available to download for free on our website!

To companies considerin­g moving to the business-friendly Santa Clarita Valley, as well as their brokers and site selectors, the Santa Clarita Valley Economic Developmen­t strives to be a onestop shop to help close the deal.

Our online Broker Portal offers informatio­n about incentives and workforce training, data and demographi­cs, business and industrial parks, as well as maps and case studies. Visit http:// www.scvedc.org/brokers to learn more, and visit the Data page for quarterly economic snapshots, quick facts, annual Economic Outlook book, and other specific data reports.

Starting next month we will begin highlighti­ng specific data from these various resources as they help tell the story of where our valley has been, where it is now, and forecastin­g what the future may hold.

SCVEDC offers many services and resources to local businesses to help them access tax credits and incentives, workforce developmen­t and training, provides vital data and informatio­n, and connects companies for networking and peer support. For more informatio­n or assistance, contact us at (661) 288-4400 or email info@scvedc.org.

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