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WHAT IS AN INDEX? ,[object Object]
WHAT IS AN INDICATOR? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
WHAT IS AN INDUSTRY CLUSTER? ,[object Object],[object Object]
OUR CHANGING ECONOMY ,[object Object],[object Object],[object Object]
OUR CHANGING ECONOMY ,[object Object],[object Object],[object Object]
OUR CHANGING COMMUNITY ,[object Object],[object Object],[object Object]
OUR CHANGING COMMUNITY ,[object Object],[object Object],[object Object],[object Object]
HOW WE ARE DOING ,[object Object],[object Object],[object Object],[object Object]
THE CONNECTION BETWEEN OUR ECONOMY AND COMMUNITY ,[object Object],[object Object],[object Object],[object Object]
OUR CHANGING ECONOMY
CHANGE IN PER CAPITA INCOME Data Source: Bureau of Economic Analysis Analysis: CEI Rest of San Francisco Bay Area includes Alameda, Contra Costa, Marin, Napa, San Benito, San Francisco, San Mateo, Santa Clara, and Sonoma Counties * Preliminary per Capita Income estimates for 2007. Change in per Capita Income Solano County, Rest of San Francisco Bay Area, California, and United States What does this mean? Since 2000 Solano County’s per capita income has been increasing at a faster rate than in the rest of the Bay Area, California and the nation. This means that the County has experienced a rise in relative prosperity.
ANNUAL NUMBER OF JOBS Annual Number of Jobs Solano County 1990-2007 Data Source: California Employment Development Department Analysis: CEI What does this mean? Solano County’s recent job growth and prior rebounds from earlier economic shocks, such as the closure of Mare Island, indicates that the County has demonstrated resiliency.
CHANGE IN EMPLOYED RESIDENTS Change in Employed Residents and Total Industry Jobs Trends relative to 2000 • Solano County Data Source: California Employment Development Department Analysis: CEI + 6% Between August 2000 and August 2008, the number of jobs and employed residents in the County grew over 6%.
FIRM SIZE BY NUMBER OF EMPLOYEES Firm Size by Number of Employees Percent of Total Solano County Firms by Employment Size Data Source: California Employment Development Department Analysis: CEI Note: Based on employers who are subject to the Unemployment Insurance provision of the Unemployment Insurance Code. What does this mean? Solano County is dominated by micro-enterprises that are critical to the vitality of the economy. While large firms are still important, economic development efforts should also focus on the needs of these microenterprises.
WHAT DOES IT MEAN? ,[object Object],[object Object]
PERCENTAGE CHANGE IN INDUSTRY EMPLOYMENT Percent Change in Industry Employment and Individual Business Owners (with no employees) Solano County Data Source: California Employment Development Department and U.S. Census Bureau, Nonemployer Statistics Analysis: CEI + 24% Between 2000 and 2006, Individual Business Owners with no employees increased by 24%.
INDUSTRY SECTOR EMPLOYMENT Comparison of Industry Sector Employment Solano County Data Source: California Employment Development Department Analysis: CEI What does this mean? Solano County’s economic diversity has created a greater balance of jobs, which provides increased stability in times of economic turbulence.
INDUSTRY CLUSTERS ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
SOLANO CLUSTERS OF OPPORTUNITY 2000-2006 What does this mean? Solano County’s major industry clusters are more specialized and growing faster than the same industries in the rest of the Bay Area. These clusters pay higher wages and generate demand for support services. Size of bubble represents employment size in 2006.
CLUSTERS OF OPPORTUNITY SOLANO COUNTY & REST OF BAY AREA, 2000-2006
OUR CHANGING COMMUNITY
AGE DISTRIBUTION + 16% From 2000 to 2006 the population between 18 and 34 years of age increased by 13,000 people (16%). Age Distribution Number of People and Percent of Growth Solano County Data Source: U.S. Census Bureau, Decennial Census 2000 and American Community Survey 2006 Analysis: CEI
POPULATION BY RACE & ETHNICITY Population by Race and Ethnicity Number of People and Percent of Growth Solano County What does this mean? Solano County’s changing demographics have implications on the demand for education, health, and public services as the population becomes older, younger, and more diverse. Slower population growth changes the underlying drivers of some elements of the economy, including housing and construction, which historically been driven by population growth.
POPULATION GROWTH +26,800 Solano County’s population grew by 26,800 people between 2000 and 2007. Although the county has experienced a steady slowing in population growth, the county grew 0.5% in 2007. Population Growth Percent Change over Prior Year Solano County, Rest of San Francisco Bay Area, and California Data Source: California Department of Finance Analysis: CEI * Provisional population estimates for 2007 ** San Francisco Bay Area includes Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, and Sonoma Counties.
DOMESTIC AND FOREIGN MIGRATION Net foreign Immigration Net foreign immigration is the difference of all legal foreign immigrants entering and leaving the County. Domestic and Foreign Migration Solano County Data Source: California Department of Finance Analysis: CEI *Provisional population estimates for 2007
EDUCATIONAL ATTAINMENT +1,100 In 2006, more than 1,100 people with bachelor’s degrees moved into the County than left. Educational Attainment of People Migrating in and out of Solano County 2006
HOUSING AFFORDABILITY Housing Affordability Percent of Homeowner Households with Housing Costs Greater Than 35% of Income Solano County, San Francisco Bay Area, and California What does this mean? With rising housing costs and foreclosure rates, Solano County has not escaped the national and statewide housing crisis.
RESIDENTIAL FORECLOSURE ACTIVITY Residential Foreclosure Activity Percent Change in Annual Foreclosure Sales Solano County and California Data Source: DataQuick Analysis: CEI 1,059 There were 1,059 foreclosure sales in the first quarter of 2008.
CHILDHOOD OBESITY Percentage of Children Determined to NOT be Overweight or Obese by Body Mass Index Solano County Data Source: UCLA Center for Health Policy Research, California Health Interview Survey Analysis: CEI Note: For adolescents,“Overweight or obese” includes the respondents who have a BMI in the 95th percentile with respect to their age and gender. Child population-under the age of 12 including infants. What does this mean? Solano County has made some progress in reducing childhood obesity which can be a cause of a number of significant and costly health problems in later years.
HIGH SCHOOL DROPOUT RATE High School Dropout Rate Solano County 2007 Data Source:California Department of Education, Solano County School Districts Analysis: CEI Note:This is the first year that dropout counts are derived from student-level data. What does this mean? Solano County’s high school dropout rates are rising at a time when the economy demands higher skills from the local workforce.
FELONY OFFENSES Felony Offenses Rate per 100,000 people Solano County and California Data Source: California Department of Justice Analysis: CEI Note: Felony offenses include violent, property, and drug offenses What does this mean? After years of progress, crime rates have recently spiked in Solano County. Related to rising dropout rates, gang violence and other socioeconomic issues, juvenile felonies are rising dramatically.
FELONY OFFENSES Felony Offenses Percent Change over Prior Year Solano County and California Data Source: California Department Justice Analysis: CEI Note: Felony offenses include violent, property, and drug offenses +70% Juvenile violent offenses increased by 70% between 2005 and 2006.
CITY REVENUES Growth in City Revenues since 1998 Solano County What does this mean? While city revenues from property taxes have risen in the County, revenues from sales and other taxes are more susceptible to business cycles. Data Source: California State Controller’s Office Analysis: CEI
THE CONNECTION BETWEEN OUR ECONOMY & COMMUNITY
EDUCATIONAL ATTAINMENT Comparison of Educational Attainment of Population to Required Level of Education for Occupations Solano County 2006 Source: U.S. Census Bureau, 2006 American Community Survey;O*NET; Bureau of Labor Statistics, Occupational Employment Statistics Analysis: CEI * Some College includes: Less than 1 year of college; Some college, 1 or more years, no degree; Associates degree; Professional certification What does this mean? Solano County has the opportunity to create higher-skilled jobs for its residents, especially within its cluster industries.
EDUCATIONAL ATTAINMENT Educational Attainment Solano County, California, and United States, 2006 Some College Education In 2006, residents with some college or more made up a larger percentage of the population in Solano County (59%) than in California (57%) or the U.S. (54%). Source: U.S. Census Bureau,American Community Survey Analysis: CEI * Some College includes: Less than 1 year of college; Some college, 1 or more years, no degree; Associates degree; Professional certification
OCCUPATIONAL DISTRIBUTION What does this mean? Solano County needs to expand its middle and high-wage job opportunities for its residents by growing its cluster industries and continuing to diversify its economy. Comparison of Occupational Distribution by Wage Level Solano County, San Francisco and East Bay Area, and California 2007 Data Source: Occupational Employment Statistics Analysis: CEI San Francisco and East Bay Area includes Alameda, Contra Costa, Marin, San Francisco, and San Mateo Counties.
RATIO OF JOBS TO HOUSING UNITS Ratio of Jobs to Housing Units Solano County and the Rest of the Bay Area Data Source:California Employment Development Department; U.S. Census Bureau,American Community Survey Analysis: CEI * Rest of Bay Area includes Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, and Sonoma Counties. What does this mean? Creating higher paying jobs in Solano County will reduce the need for residents to commute to jobs outside the County and thereby reduce commuting stress, allow more family time, and slow the growth in carbon emissions.
COMMUTE FLOWS Solano County Residents' Commute Flows Share of Population that Works Outside of the County • 2006 Source: U.S. Census Bureau, 2006 American Community Survey Analysis: CEI Note : 74,986 Solano County Residents commute outside of the county for work. 75,000 Almost 75,000 Solano County residents commuted outside of the county for work.
COMMUTE FLOWS Solano County Residents' Commute Flows Educational Attainment of Population that Works Outside of the County • 2006 Educated Commuters Twenty-seven percent of residents who commuted out of Solano County for work had at least a bachelor’s degree. Source: U.S. Census Bureau, 2006 American Community Survey Analysis: CEI * Some College includes: Less than 1 year of college; Some college, 1 or more years, no degree; Associates degree; Professional certification
COMMUTE FLOWS Solano County Employees' Commute Flows Share of Workers that Live Outside of the County • 2006 Source: U.S. Census Bureau, 2006 American Community Survey Analysis: CEI Note: 30,676 Solano County Employees commute into the county for work. 30,000 In 2006, over 30,000 people commuted to Solano County for work.
COMMUTE FLOWS Solano County Employees' Commute Flows Educational Attainment of Workers that Live Outside of the County • 2006 Source: U.S. Census Bureau, 2006 American Community Survey Analysis: CEI * Some College includes: Less than 1 year of college; Some college, 1 or more years, no degree; Associates degree; Professional certification 1,400 More than 1,400 people with a graduate or professional degree commuted to Solano County for work.

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Solano Index Presentation @ Solano Economic Summit 4

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  • 12. CHANGE IN PER CAPITA INCOME Data Source: Bureau of Economic Analysis Analysis: CEI Rest of San Francisco Bay Area includes Alameda, Contra Costa, Marin, Napa, San Benito, San Francisco, San Mateo, Santa Clara, and Sonoma Counties * Preliminary per Capita Income estimates for 2007. Change in per Capita Income Solano County, Rest of San Francisco Bay Area, California, and United States What does this mean? Since 2000 Solano County’s per capita income has been increasing at a faster rate than in the rest of the Bay Area, California and the nation. This means that the County has experienced a rise in relative prosperity.
  • 13. ANNUAL NUMBER OF JOBS Annual Number of Jobs Solano County 1990-2007 Data Source: California Employment Development Department Analysis: CEI What does this mean? Solano County’s recent job growth and prior rebounds from earlier economic shocks, such as the closure of Mare Island, indicates that the County has demonstrated resiliency.
  • 14. CHANGE IN EMPLOYED RESIDENTS Change in Employed Residents and Total Industry Jobs Trends relative to 2000 • Solano County Data Source: California Employment Development Department Analysis: CEI + 6% Between August 2000 and August 2008, the number of jobs and employed residents in the County grew over 6%.
  • 15. FIRM SIZE BY NUMBER OF EMPLOYEES Firm Size by Number of Employees Percent of Total Solano County Firms by Employment Size Data Source: California Employment Development Department Analysis: CEI Note: Based on employers who are subject to the Unemployment Insurance provision of the Unemployment Insurance Code. What does this mean? Solano County is dominated by micro-enterprises that are critical to the vitality of the economy. While large firms are still important, economic development efforts should also focus on the needs of these microenterprises.
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  • 17. PERCENTAGE CHANGE IN INDUSTRY EMPLOYMENT Percent Change in Industry Employment and Individual Business Owners (with no employees) Solano County Data Source: California Employment Development Department and U.S. Census Bureau, Nonemployer Statistics Analysis: CEI + 24% Between 2000 and 2006, Individual Business Owners with no employees increased by 24%.
  • 18. INDUSTRY SECTOR EMPLOYMENT Comparison of Industry Sector Employment Solano County Data Source: California Employment Development Department Analysis: CEI What does this mean? Solano County’s economic diversity has created a greater balance of jobs, which provides increased stability in times of economic turbulence.
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  • 20. SOLANO CLUSTERS OF OPPORTUNITY 2000-2006 What does this mean? Solano County’s major industry clusters are more specialized and growing faster than the same industries in the rest of the Bay Area. These clusters pay higher wages and generate demand for support services. Size of bubble represents employment size in 2006.
  • 21. CLUSTERS OF OPPORTUNITY SOLANO COUNTY & REST OF BAY AREA, 2000-2006
  • 23. AGE DISTRIBUTION + 16% From 2000 to 2006 the population between 18 and 34 years of age increased by 13,000 people (16%). Age Distribution Number of People and Percent of Growth Solano County Data Source: U.S. Census Bureau, Decennial Census 2000 and American Community Survey 2006 Analysis: CEI
  • 24. POPULATION BY RACE & ETHNICITY Population by Race and Ethnicity Number of People and Percent of Growth Solano County What does this mean? Solano County’s changing demographics have implications on the demand for education, health, and public services as the population becomes older, younger, and more diverse. Slower population growth changes the underlying drivers of some elements of the economy, including housing and construction, which historically been driven by population growth.
  • 25. POPULATION GROWTH +26,800 Solano County’s population grew by 26,800 people between 2000 and 2007. Although the county has experienced a steady slowing in population growth, the county grew 0.5% in 2007. Population Growth Percent Change over Prior Year Solano County, Rest of San Francisco Bay Area, and California Data Source: California Department of Finance Analysis: CEI * Provisional population estimates for 2007 ** San Francisco Bay Area includes Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, and Sonoma Counties.
  • 26. DOMESTIC AND FOREIGN MIGRATION Net foreign Immigration Net foreign immigration is the difference of all legal foreign immigrants entering and leaving the County. Domestic and Foreign Migration Solano County Data Source: California Department of Finance Analysis: CEI *Provisional population estimates for 2007
  • 27. EDUCATIONAL ATTAINMENT +1,100 In 2006, more than 1,100 people with bachelor’s degrees moved into the County than left. Educational Attainment of People Migrating in and out of Solano County 2006
  • 28. HOUSING AFFORDABILITY Housing Affordability Percent of Homeowner Households with Housing Costs Greater Than 35% of Income Solano County, San Francisco Bay Area, and California What does this mean? With rising housing costs and foreclosure rates, Solano County has not escaped the national and statewide housing crisis.
  • 29. RESIDENTIAL FORECLOSURE ACTIVITY Residential Foreclosure Activity Percent Change in Annual Foreclosure Sales Solano County and California Data Source: DataQuick Analysis: CEI 1,059 There were 1,059 foreclosure sales in the first quarter of 2008.
  • 30. CHILDHOOD OBESITY Percentage of Children Determined to NOT be Overweight or Obese by Body Mass Index Solano County Data Source: UCLA Center for Health Policy Research, California Health Interview Survey Analysis: CEI Note: For adolescents,“Overweight or obese” includes the respondents who have a BMI in the 95th percentile with respect to their age and gender. Child population-under the age of 12 including infants. What does this mean? Solano County has made some progress in reducing childhood obesity which can be a cause of a number of significant and costly health problems in later years.
  • 31. HIGH SCHOOL DROPOUT RATE High School Dropout Rate Solano County 2007 Data Source:California Department of Education, Solano County School Districts Analysis: CEI Note:This is the first year that dropout counts are derived from student-level data. What does this mean? Solano County’s high school dropout rates are rising at a time when the economy demands higher skills from the local workforce.
  • 32. FELONY OFFENSES Felony Offenses Rate per 100,000 people Solano County and California Data Source: California Department of Justice Analysis: CEI Note: Felony offenses include violent, property, and drug offenses What does this mean? After years of progress, crime rates have recently spiked in Solano County. Related to rising dropout rates, gang violence and other socioeconomic issues, juvenile felonies are rising dramatically.
  • 33. FELONY OFFENSES Felony Offenses Percent Change over Prior Year Solano County and California Data Source: California Department Justice Analysis: CEI Note: Felony offenses include violent, property, and drug offenses +70% Juvenile violent offenses increased by 70% between 2005 and 2006.
  • 34. CITY REVENUES Growth in City Revenues since 1998 Solano County What does this mean? While city revenues from property taxes have risen in the County, revenues from sales and other taxes are more susceptible to business cycles. Data Source: California State Controller’s Office Analysis: CEI
  • 35. THE CONNECTION BETWEEN OUR ECONOMY & COMMUNITY
  • 36. EDUCATIONAL ATTAINMENT Comparison of Educational Attainment of Population to Required Level of Education for Occupations Solano County 2006 Source: U.S. Census Bureau, 2006 American Community Survey;O*NET; Bureau of Labor Statistics, Occupational Employment Statistics Analysis: CEI * Some College includes: Less than 1 year of college; Some college, 1 or more years, no degree; Associates degree; Professional certification What does this mean? Solano County has the opportunity to create higher-skilled jobs for its residents, especially within its cluster industries.
  • 37. EDUCATIONAL ATTAINMENT Educational Attainment Solano County, California, and United States, 2006 Some College Education In 2006, residents with some college or more made up a larger percentage of the population in Solano County (59%) than in California (57%) or the U.S. (54%). Source: U.S. Census Bureau,American Community Survey Analysis: CEI * Some College includes: Less than 1 year of college; Some college, 1 or more years, no degree; Associates degree; Professional certification
  • 38. OCCUPATIONAL DISTRIBUTION What does this mean? Solano County needs to expand its middle and high-wage job opportunities for its residents by growing its cluster industries and continuing to diversify its economy. Comparison of Occupational Distribution by Wage Level Solano County, San Francisco and East Bay Area, and California 2007 Data Source: Occupational Employment Statistics Analysis: CEI San Francisco and East Bay Area includes Alameda, Contra Costa, Marin, San Francisco, and San Mateo Counties.
  • 39. RATIO OF JOBS TO HOUSING UNITS Ratio of Jobs to Housing Units Solano County and the Rest of the Bay Area Data Source:California Employment Development Department; U.S. Census Bureau,American Community Survey Analysis: CEI * Rest of Bay Area includes Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, and Sonoma Counties. What does this mean? Creating higher paying jobs in Solano County will reduce the need for residents to commute to jobs outside the County and thereby reduce commuting stress, allow more family time, and slow the growth in carbon emissions.
  • 40. COMMUTE FLOWS Solano County Residents' Commute Flows Share of Population that Works Outside of the County • 2006 Source: U.S. Census Bureau, 2006 American Community Survey Analysis: CEI Note : 74,986 Solano County Residents commute outside of the county for work. 75,000 Almost 75,000 Solano County residents commuted outside of the county for work.
  • 41. COMMUTE FLOWS Solano County Residents' Commute Flows Educational Attainment of Population that Works Outside of the County • 2006 Educated Commuters Twenty-seven percent of residents who commuted out of Solano County for work had at least a bachelor’s degree. Source: U.S. Census Bureau, 2006 American Community Survey Analysis: CEI * Some College includes: Less than 1 year of college; Some college, 1 or more years, no degree; Associates degree; Professional certification
  • 42. COMMUTE FLOWS Solano County Employees' Commute Flows Share of Workers that Live Outside of the County • 2006 Source: U.S. Census Bureau, 2006 American Community Survey Analysis: CEI Note: 30,676 Solano County Employees commute into the county for work. 30,000 In 2006, over 30,000 people commuted to Solano County for work.
  • 43. COMMUTE FLOWS Solano County Employees' Commute Flows Educational Attainment of Workers that Live Outside of the County • 2006 Source: U.S. Census Bureau, 2006 American Community Survey Analysis: CEI * Some College includes: Less than 1 year of college; Some college, 1 or more years, no degree; Associates degree; Professional certification 1,400 More than 1,400 people with a graduate or professional degree commuted to Solano County for work.