The estimated 105,000-gallon oil spill that will ruin Memorial Day for thousands of visitors to Refugio State Beach in Santa Barbara County is a reminder of how much environmental issues have become economic stories. Santa Barbara County is so heavily dependent on hotel-related taxes that it literally can’t afford the kind of environmental disaster that Read More →
By Henry Dubroff / Friday, May 15th, 2015 / Latest news, Top Stories / Comments Off on Recession’s legacy playing out as banking jobs disappear
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Led by “off the charts” growth in the information technology, banking and finance sectors, Santa Barbara County is outpacing California when it comes to economic growth.
Santa Barbara County’s economy relies heavily on its billion-dollar tourism and agricultural industries, two of the fastest-growing sectors of California’s economy by number of jobs. But those are also industries with highly seasonal workforces and generally low-paying wages.
Santa Barbara County is expected to see flat or even negative GDP growth over the next year, and the long-term outlook for its jobs market is gloomy. That was the prognosis from the team of forecasters at UC Santa Barbara’s annual Santa Barbara County Economic Summit, which held events for the southern and northern halves Read More →
By Marlize van Romburgh / Friday, October 7th, 2011 / Columns, Real Estate / Comments Off on South Coast sales activity slows to crawl after early 2011 boom
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