September 7, 2024
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How small and middle-market companies are preparing for a recession

By   /  Friday, March 3rd, 2023  /  Banking & Finance, Economy, Latest news, middle, Personal Finance, Subscriber content, Tri-County Economy  /  Comments Off on How small and middle-market companies are preparing for a recession

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Vital Signs: Wine stimulates Santa Barbara County economy

By   /  Thursday, March 2nd, 2023  /  Agribusiness, Economy, Latest news, Santa Barbara County, Tri-County Economy  /  Comments Off on Vital Signs: Wine stimulates Santa Barbara County economy

Santa Barbara County’s wine and winegrape sector contributed about $1.7 billion in annual economic activity, according to a new report commissioned by the Wine Institute and the California Association of Winegrape Growers (CAWG). The report also shows that the Santa Barbara County wine industry provides 10,202 local jobs and $602.6 million in annual wages and Read More →

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UCSB forecast says U.S. economy is strong

By   /  Tuesday, February 28th, 2023  /  Economy, Latest news, left, Regions, Santa Barbara County, Tri-County Economy  /  Comments Off on UCSB forecast says U.S. economy is strong

Whether there will be a recession or not, or whether we are already in one or not, depends on the economist you talk to on any given day. For Peter Rupert, the director of UCSB’s economic forecast and a professor of economics, he made his stance on the subject clear during the organization’s Feb. 23 Read More →

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UC’s Hansen Center expands research capabilities at new Camarillo facility

By   /  Friday, February 24th, 2023  /  Agribusiness, Higher Education, Latest news, middle, Subscriber content, Tri-County Economy  /  Comments Off on UC’s Hansen Center expands research capabilities at new Camarillo facility

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CRE: KSL Resorts To Add Five Central Coast Properties to Portfolio

By   /  Thursday, February 16th, 2023  /  Columns, Latest news, Real Estate, Subscriber content, Tri-County Economy  /  Comments Off on CRE: KSL Resorts To Add Five Central Coast Properties to Portfolio

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Wyatt Technology acquired for $1.3 billion

By   /  Wednesday, February 15th, 2023  /  Latest news, middle, Technology, Tri-County Economy  /  Comments Off on Wyatt Technology acquired for $1.3 billion

Santa Barbara-based Wyatt Technology has been acquired for $1.36 billion by Waters Corporation, a publicly traded analytical laboratory instrument manufacturing company, the two parties announced on Feb. 15. The transaction is expected to close in the second quarter of 2023. Kirkland & Ellis LLP is serving as legal counsel to Waters, while Wyatt’s legal counsel Read More →

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Vital Signs: The labor market still lagging behind

By   /  Friday, February 3rd, 2023  /  Economy, Latest news, Tri-County Economy  /  Comments Off on Vital Signs: The labor market still lagging behind

Statistics from The California Labor Market Information Division’s December 2022 report showed a declining unemployment rate across all three counties on the Central Coast, but job creation is still lacking far behind, according to the Economic Development Collaborative. In Ventura County, only a net gain of 200 jobs was calculated for the month of December. Read More →