September 24, 2024
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Torrential rainfall brings drought relief to Central Coast

By   /  Thursday, January 12th, 2023  /  Agribusiness, Central Coast, Regions, Top Stories, Top Story, Tourism, Tri-County Economy  /  Comments Off on Torrential rainfall brings drought relief to Central Coast

Update: As of Jan. 12, no county in California is designated as an extreme drought area while locations that were in severe drought are down from 71% to 46%. Another storm has come and gone along the Central Coast — though another could be approaching soon — and luckily it seems the area has largely Read More →

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Vital Signs: Santa Barbara gearing up for more economic recovery in 2023

By   /  Friday, January 6th, 2023  /  Latest news, Tri-County Economy  /  Comments Off on Vital Signs: Santa Barbara gearing up for more economic recovery in 2023

Santa Barbara is hoping to see more “solid post-pandemic economic activity” in the new fiscal year, as the city announced it received $7.5 million in sales tax revenue for the quarter ended Sept. 30. September is the first quarter of the city’s fiscal year and the $7.5 million represents a 3.9% rise from the same Read More →

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Travel Forecast: Central Coast to remain desirable spot

By   /  Friday, January 6th, 2023  /  Central Coast, Economy, Latest news, middle, Regions, Tourism, Tri-County Economy  /  Comments Off on Travel Forecast: Central Coast to remain desirable spot

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Region’s unemployment rate rises slightly in November

By   /  Friday, December 16th, 2022  /  Latest news, Regions, San Luis Obispo County, Santa Barbara County, Top Stories, Tri-County Economy, Ventura County  /  Comments Off on Region’s unemployment rate rises slightly in November

The unemployment rate in the tri-county region has ticked up steadily over the past couple of months, rising to 3.2% in November, according to data released Dec. 16 by the California Employment Development Department. San Luis Obispo County continues to post the region’s lowest unemployment rate, currently sitting at 2.8%. In Santa Barbara County, the Read More →

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Apeel laying off 96 in second round of the year

By   /  Wednesday, November 30th, 2022  /  Agribusiness, Economy, Latest news, Top Stories, Top Story, Tri-County Economy, Ventura County, Workforce  /  Comments Off on Apeel laying off 96 in second round of the year

Goleta-based Apeel Sciences will lay off a large portion of its workforce, mainly in the Santa Barbara County area, in its second major round of layoffs this year, the company has disclosed. Apeel will lay off a total of 96 employees from its Goleta office, according to a company filing with the state of California.  Read More →

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Trade Desk EPS grew, but stocks still fell

By   /  Friday, November 11th, 2022  /  Banking & Finance, Earnings, Latest news, Regions, Technology, Top Stories, Top Story, Tri-County Economy, Tri-County Public Companies, Ventura County  /  Comments Off on Trade Desk EPS grew, but stocks still fell

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Business groups push State Street improvement

By   /  Thursday, November 10th, 2022  /  Latest news, Santa Barbara County, Small Business, Top Stories, Top Story, Tri-County Economy  /  Comments Off on Business groups push State Street improvement

Two influential Santa Barbara business organizations are proposing an improvement district for the city’s ailing downtown area, but some business owners have expressed reservations. The Downtown Organization of Santa Barbara and the Santa Barbara South Coast Chamber of Commerce have proposed a Community Benefit Improvement District aimed at reversing the decline of the area, including Read More →