San Diego Regional Economic Development Corporation

NEW: With 121K jobs and a $47B regional economic impact, San Diego’s Manufacturing sector is a significant part of the regional economy. ?? Our new report found: 1?? Manufacturing jobs are high-paying and increasingly accessible, with average average annual wages of more than $103K. 2?? Growth in the sector is driven by small businesses, which employ more than one-third of the Manufacturing workforce. 3?? Manufacturing is tied to innovation-related industries, which make up 46% of all Manufacturing employment in the region. Get the full story in our new report, produced by EDC's Research Bureau ?? https://lnkd.in/gPZXM4gK Thank you to City of Carlsbad, CMTC, San Diego County Water Authority, and Walmart for generously sponsoring this study.

Where is San Diego's economy relative to the rest of the U.S.? In Q3 2024, our Research Bureau reports: 1?? Home sales picked up as more homeowners looked to sell. 2?? Office space vacancy rates reached a decade high, with an all-time high asking price of $3.43 per sq. ft. 3?? YTD VC funding surpassed 2023's VC funding, with $1.4 billion in VC funding across 39 deals in Q3 alone. ?? Learn more in our Economic Snapshot, sponsored by California State University San Marcos ? https://lnkd.in/gCGXn5SV #sandiego #economy #realestate

Good news, San Diego: ?? San Diego County Regional Airport Authority expands international air service with direct flight to Amsterdam ?? Carlsbad’s Vuori secures $825M in funding, reaches $5.5B valuation ??? National University receives $500K VA grant More in #GNOTW, sponsored by Ace Parking ?? https://lnkd.in/gvTZxJYT

The battle for talent is more competitive than ever—especially in San Diego and our greater region. But when we collaborate, we can help students from diverse backgrounds gain valuable career experience while helping local businesses find talent. ?? This week, we convened San Diego’s employers, education programs, and talent leaders to inspire inclusive talent strategies, select San Diego’s new Verified Programs of Business and Computing & Engineering talent, and celebrate #advancingSD's 358 interns placed at 104 regional companies in 2024. Thank you to Danene Brown, Regional Consortium Chair at San Diego & Imperial Counties Regional Consortium, for moderating our panel on the changing talent landscape, our binational advantage, and skills trends, and to General Dynamics NASSCO's Stephanie Bryson, CHRL, ITJ's Maritza Diaz, and Taylor Guitars' Shaun Paluczak for sharing your insight. With yesterday's showcase complete and employer feedback submitted, stay tuned as we announce San Diego's new Verified Programs and learn how your company can host interns this summer ?? https://lnkd.in/geteUvHw Thank you to the K-16 Collaborative Border Region Talent Pipeline, JPMorganChase, and Qualcomm for your continued support for this program. #sandiego #talentacquisition

With demand for workers in the innovation economy set to double over the next few years, our region's success hinges on more than the businesses that power it. It thrives when our community, education systems, and industry come together to create opportunities that benefit all San Diegans. ?? In the San Diego Union-Tribune, Junior Achievement of San Diego County's Sidd Vivek, EDC's Mark Cafferty, and MiraCosta College's Dr. Sunita "Sunny" Cooke share how investments in work-based learning experiences can both address immediate staffing needs and strategically build a talent pipeline tailored to industry skills demands—and how you can join this vital work ?? https://lnkd.in/g7xDvH9y

???? Last call: HR, talent, and people and culture professionals in San Diego, join us this Weds., November 13, to connect with fellow experts shaping tomorrow’s workforce. In addition to building your professional network and exploring leading programs, you'll have the chance to hear insights from a lineup of key people leaders: ? Stephanie Bryson, CHRL, VP of Human Resources at General Dynamics NASSCO ? Maritza Diaz, CEO at ITJ ? Shaun Paluczak, VP of Human Resources at Taylor Guitars ? Moderator: Danene Brown, Regional Consortium Chair at San Diego & Imperial Counties Regional Consortium Reserve your spot ?? https://lnkd.in/gniqefT5 #advancingSD

This week in San Diego good news: ?? PCL Construction secures $42.4M contract for wastewater treatment plant rehabilitation ?? Port of San Diego to receive $58.6M from US Environmental Protection Agency (EPA) ?? Dexcom’s glucose monitor named a top 2024 invention by TIME More in #GNOTW, sponsored by Ace Parking ? https://lnkd.in/gD5KX9GR

Make your voice heard this #ElectionDay, San Diego! ?? Find a vote center near you ? https://lnkd.in/gZjexSXq ?? Drop off your ballot ? https://lnkd.in/gTfHwjdi

Good news, San Diego: ?? San Diego Foundation to grant $500M for education, families, environment ?? San Diego County Regional Airport Authority receives $12M FAA award ? General Atomics reaches fusion technology milestone in DIII-D facility More in #GNOTW, sponsored by Ace Parking ?? https://lnkd.in/gKKyDea6

Good news, San Diego: ?? San Diego life sciences startups secure $1.4B in VC in Q3 ?? Breakthrough Properties unveils fully-leased Torrey Pines campus ?? San Diego, Imperial County community colleges to offer in-state tuition for binational students More in #GNOTW, sponsored by Ace Parking ?? https://lnkd.in/gTR9A2gG