Market Research

“Biocom California’s 2022 Life Science Economic Impact Report provides key economic, demographic, and industry performance data and analysis for the life science industry in the state and across 12 selected sub-clusters in the Bay Area, Los Angeles, Orange County, and San Diego.”

Access and download the 2022 impact report here.

“Welcome to the Beacon Employment Report, a monthly analysis of employment trends in major U.S. metropolitan areas. Each month, we link our own econometric predictions to data released by the U.S. Bureau of Labor Statistics and state labor market departments to identify important changes in employment across industries and regions. The Beacon Employment Report is also one of the few analyses that uses seasonally adjusted numbers, which are critical to revealing accurate trends and insights within data. The analysis is a sample of the kind of research available from Beacon Economics.”

Access the report here.

“Truth in Accounting has released its sixth annual Financial State of the Cities report. This comprehensive analysis surveys the fiscal health of the 75 most populated U.S. cities during the onset of the COVID-19 pandemic. The report found that 61 cities did not have enough money to pay all of their bills. Despite receiving federal assistance from the CARES Act and other COVID-19 related grants, the majority of cities’ finances worsened. Total debt among the 75 largest U.S. cities amounted to $357 billion at the end of the fiscal year 2020, which was $23.5 billion worse than the last fiscal year.”

Access the report here.

“The Silicon Valley Index has been telling the Silicon Valley story since 1995. Released
early every year, the Index is a comprehensive report based on indicators that measure
the strength of our economy and the health of our community—highlighting challenges
and providing an analytical foundation for leadership and decision-making.”

Access the report here.

“The average tech salary increased 2.3% year over year to $111,348 (compared to $108,857) in 2022. Following a year of strong salary growth for tech professionals, the continued upward trend in average tech salary shows that tech skills and the professionals that provide them can still command high compensation because of sustained demand.

Digging into the data, you’ll see that non-traditional tech hubs are experiencing strong growth in average tech salary, supporting a trend of tech professionals moving away from employment in traditional tech hubs, like California, and opting for neighboring states, like Arizona (+20%). The data also reveals a trend of organizations prepared to pay for tech professionals with data-related skills to support infrastructure for the storage, transit and analysis of data.”

Access the report here.