Quantcast

North Bay Business Journal

Thursday, May 12, 2011, 10:00 am

Sonoma County spring economic report shows higher employment

By

Print Friendly Print Friendly    

Share this item

    SONOMA COUNTY — A new report on the economic health of Sonoma County predicts that rising levels of employment, innovation by local technology firms and hotel occupancy will lead to a stronger growth for the county this year, according to a spring 2011 local economic report by the Sonoma County Economic Development Board, Sonoma County Workforce Investment Board and research partner Moody’s Analytics.

    Some highlights include:

    • The county’s total employment is at its highest level since the end of 2009, partially because of boosting employment in technology and construction.
    • Technology, particularly medical device firms, remains as a key industry driving growth in Sonoma County. Demand for new medical technologies and drugs will be a positive driver.
    • The strengthening state and U.S. recoveries will boost demand for the county’s tourism related industries. Local hotel occupancies are higher than a year ago, and hotels no longer rely on discounted rates to fill rooms.
    • Sonoma County’s recovery will strengthen in 2011, led by tech, tourism, and construction.

    The full report can be found at www.sonoma-county.org/edb/pdf/2011/local_economic_report_2011_spring.pdf.

    Copyright © 1988–2014 North Bay Business Journal
    View the policy for linking to website content.

    Print Friendly Print Friendly    

    Submit Your Comments

    Required

    Required, will not be published

    Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our Comments and Letters Policy. To share this item by email or social media, use the links above.

    Do not use this form to contact people, companies or organizations mentioned in this story. Contact them directly. Private messages left here will be deleted.