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With the New Year comes the Third Annual Economic Scorecard, first released at CED's Economic Forecast Conference in January. For this edition of the CED newsletter we are excited to share some of the updated findings and analysis, inform you about scoring trends in your community, and encourage you to check out the free online publication.
The Economic Scorecard looks at how nine regions, Metropolitan Statistical Areas (MSA) unless otherwise noted, compared to one another and the national average in the five indices that often make up the overall health of a community, the index is based on a national average of 100 and of the nine regions examined, only three scored higher than the national average (Reno MSA, Portland MSA, and Boise MSA). Unfortunately, all five of the California regions examined scored below the national average with the Redding MSA (Shasta County) scoring 23 percent below the national average and the lowest of the nine regions.
The Entrepreneurial Environment indicator represents a region's aptitude for supporting its entrepreneurs through business services and the likelihood of a region's citizens to become entrepreneurs. Similar to the Innovative Activity indicator, Boise MSA scored the highest on the indicator with the Tri-County Region (Butte, Glenn, and Tehama Counties) coming in second at four percent above the national average.
 
Quality of Place was determined by averaging the following indicators: violent crime rate, property crime rate, healthcare access, culture and recreation, climate, commute time, cost of living, and air quality. As many of these indicators appear to be subjective, CED set out to create an objective way to compare the regions. For example, people's climate preferences often differ but it is generally extreme temperatures that make an area undesirable. It is assumed that temperatures below freezing and above 90 degrees are considered undesirable, therefore the regions with the fewest average days reaching these extremes have the most attractive climates. Using this methodology, Portland MSA and Sacramento MSA have the most desirable climates, with Portland MSA having over 50 percent more "good days."
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Click Image for the Post Conference Report
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 | | 2013 Economic Forecast Conference |
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2013 Economic Forecast Conference Speakers' Presentations
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"13th Annual Economic Forecast Conference Speaker Presentations"
Thursday, January 17th, 2013 @ Gold Country Casino, Oroville, CA
Presenters:
Scott Gruendl, Director, Glenn County Health Service - Presentation
Kevin Klowden, Director and Managing Economist, CA Milken Institute - Presentation
Robert Eyler, Professor of Economics, Sonoma State University - Presentation
Harry Moser, Founder, Reshoring Initiative - Presentation
Don Krysakowski, Executive Director, Work Training Center - Presentation
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URGENT: Additive Manufacturing Forum for Manufacturers Only---Pass on to your
Businesses!
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Dear Business Owners and fellow Butte County area economic development professionals:
The following article and hyperlink calls on interested manufacturers to attend and learn of tools,
techniques, and processes for inclusion in rapidly changing manufacturing operations. For further
To register for the Additive Manufacturing Forum: March 20, 2013 at Lawrence Livermore
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Regional Small Business News
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KIMCO Realty Launches KEYS: a concentrated Business Boot Camp Program for Qualified Entrepreneurs in partnership with the California Small Business Development Center located at 1410 Ethan Way, Sacramento - www.sbdc.net
Benefits Include: one full year of FREE RENT with affordable property charges (NNN) to minimize initial overhead. Flexible four-year lease option after the first year if Entrepreneurs are interested. Access to retail, service and restaurant space in established retail centers. Access to KIMCO Realty staff in selecting a location, obtaining occupancy permits, and concept planning. Three day intense Business Boot Camp taught by the Small Business Development Center that is designed to teach the new Entrepreneur about business or existing business owners interested in expanding - by avoiding fatal mistakes that cost time and money. Learn the right way the first time in order to greatly increase business success. KIMCO Realty, the nation's largest owner and operator of neighborhood and community shopping centers has partnered with the California Small Business Development Center (SBDC) to provide a "Business Boot Camp" at its Sacramento location at 1410 Ethan Way near Cal Expo. Please visit the SBDC Website at www.sbdc.net to register today as space is limited. If you have questions please call (916) 563-3210. READ MORE --- Flyer |
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Microsoft recently donated $10,000 in software on the Center for Economic Development's behalf to City Year as part of the YouthSpark Initiative. Microsoft representative wrote to us and said, "Our way of saying thank you to everyone who utilized the program, and a way to help you get some recognition within your community."
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