Greater Sacramento Economic Council Hosts Inaugural Competitiveness Forum

The Greater Sacramento Economic Council (Greater Sacramento) describes itself as the catalyst for innovative growth strategies in the Capital Region of California.  The organization spearheads efforts to retain and grow key regional industry sectors, scale new businesses, develop and attract advanced and emerging industries, and address state and local regulatory challenges.  These efforts will help strengthen the region’s economic competitiveness, drive economic growth, and foster a business-friendly environment that will lead to sustained job-growth and increased investments throughout the Greater Sacramento six-county region.  Representing a collaboration between local and state governments, market leaders, influencers, and stakeholders, Greater Sacramento encompasses the counties of Sacramento, Placer, Yolo, Sutter, Yuba, and El Dorado Counties.

Earlier this week, Greater Sacramento held their inaugural Competitiveness Forum in Placer County.  This quarter’s forum featured Dr. Christopher Weare, Director of Research and Strategy for Greater Sacramento, moderating a panel on macroeconomic trends, the strengths of our educated workforce, the need for entrepreneurship and impediments to it, and an introduction of the groups new Competitiveness Dashboard, accessed here.

A few of the key takeaways from the panel include:

  • Healthcare is the fastest growing industry in the region;
  • The rental market is the hottest in the state over the last six months;
  • Commercial rental space is at a premium;
  • California’s impact fees are four times higher than the national average.

The following rural county representatives serve as Greater Sacramento Public Service Directors:

  • Supervisor Kirk Uhler, Placer County
  • Supervisor Don Saylor, Yolo County
  • Supervisor Mary Jane Griego, Yuba County
  • Don Ashton, Chief Administrative Officer, El Dorado County
  • Curtis Coad, Interim County Administrative Officer, Sutter County

The Greater Sacramento website can be accessed here.