Portfolio watch
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Vital signs: Small business owners continue to have an optimistic lens
A study released by U.S. Bank found that small business owners across the country and especially in California are feeling pretty good about today and the future. According to the study, nearly 9 in 10 small business owners define their business as successful throughout the country. Moreover, despite facing economic stressors and challenges 87% of small business Read More →
Santa Barbara economic summit discusses State Street’s needs
The need for housing throughout Santa Barbara County is well documented, as is the need to reinvent Santa Barbara’s State Street. But with the cost of construction costs and permitting taking even longer in 2024, those projects with great ambition to help the county are becoming less desirable, Gene Deering, a principal at Radius Real Read More →
Tri-county unemployment rate drops below 4%
The unemployment rate for the Central Coast fell below 4% in the month of April, according to the latest data provided by the California Employment Development Department. Released on May 17, the unemployment rate of the tri-counties was at 3.96% for the month of April, down from a 4.56% unemployment rate in the month of Read More →
Wendy Foster’s State Street location closing
State Street icon Wendy Foster is becoming the latest casualty of Santa Barbara’s retail apocalypse. The trend-forward fashion retailer said May 14 that it was closing its location at 1220 State Street after a nearly 40-year run that featured some of the most iconic apparel on the Central Coast. Although technically a “pause,” according to a statement, Read More →
Vital signs: AI is used to supplement workers, not replace them
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Portfolio watch
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
