Category Archives: Economy

Economy General

Inland Empire Small Business Development Center Assist High Desert Business Start-Ups Evaluate the Local Business Environment

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By Louisa L. Miller, Business Consultant

The economic fate of the nation of­ten does not reflect the environment and activity in the High Desert. Small business growth has been slow since the Great Recession across the coun­try ,and the uncertainties caused by changes in national and local govern­ment, for better or for worse, make business and banking more cautious. Uncertainty is the hobgoblin of busi­ness growth. The interest folks in the High Desert have for starting and growing their small businesses is strong.

The Inland Empire Small Business Development Center notes that the top startup business categories in­clude food services/restaurants, retail, consulting and fitness-related busi­nesses. These categories look a lot like they did a decade ago. In some ways that is a concern because of rela­tively low pay, but the upside is that our region consumes a lot of retail of­ferings.… Read the full article

Economy Education General

Launch of First Entrepreneurship Center-Barstow Resource Center

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Entrepreneur

By Paul A. Courtney

ecBarstow.com/Barstow Area Center for Entrepreneurs, 1041 West Main St., opened in January 2017 with a mission to help unlock economic and education­al potential, which are powerful tools to drive economic growth and prosperity. Barstow area Entrepreneurs are integral to the stable and thriving local formal economy but often face disproportion­ate barriers, including travel distances, financial, and professional educational support services, states Paul A. Court­ney, Entrepreneur and formal Educator.

ecBarstow.com is centrally located where students, parents, individuals and business people will have access to essential resources (public computer access, administrative/office support services, education referral, financial planning, business planning, signature training, OSHA training, etc. Service Support: scheduling, billing, collec­tions, employee training, HR, and safety training. All designed to facilitate and develop entrepreneurial and educational enhancement capacities.… Read the full article

Economy General

Browning Automotive Group Announced State-of-The-Art Toyota Dealership in the High Desert

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By Scott Dickinson, Executive Vice President, Browning Automotive Group

We all love that shiny new toy. Wheth­er it’s a new car in the driveway or the latest phone in our pocket, we gravi­tate towards the latest and greatest. So when the Browning Automotive Group announced a state-of-the-art Toyota dealership coming soon, the entire High Desert community began to buzz with excitement.

Located directly across from Costco on Valley Center Drive, the smell from the baked goods being prepared pales in comparison to the seven acres of land being prepped for the largest dealership in the area. Victorville awaits the newly built dealership stretching over an acre, including a 15,000 sq. foot showroom, a large parts boutique, and a huge four-lane service drive housed with 14 ser­vice writers ready to check in tons of ve­hicles.… Read the full article

Economy General

Demographic Clarity for Businesses

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Big Shift Lead

By Chris Porter and John Burns

Demographic shifts create exciting op­portunities for the business leaders who act on them. Those who do not react can quickly fall behind. With change occurring more rapidly to­day than ever before, we recognize the need for more clarity on the demographic trends shaping the US today.

There are plenty of anecdotes floating around about how consumer behavior var­ies by generation. These are often informed by one’s personal experience with their own parents, peers, or children. Business leaders need real facts to help them make informed decisions and adjust their strategies when unanticipated events shift prevailing trends.

Our search for clarity resulted in a book called Big Shifts Ahead: Demographic Clarity for Businesses. We wanted to make demographics easier to understand and anticipate by giving readers the tools and framework to recognize the shifts that will affect nearly every business.… Read the full article

Economy General Politics

San Bernardino County Economic Development Agency Improving the Job Prospects of Residents

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By Mary Jane Olhasso, Assistant Executive Officer, County of San Bernardino

One of the most rewarding aspects of the San Bernardino County Economic De­velopment Agency’s work is improving the job prospects of residents. Work­ing with the business community on relocation and expansion opportunities and implementing proactive workforce development programs are just some of the ways the agency makes an impact. Moreover, the department’s efforts are augmented by valuable partners in edu­cation, investment and real estate who work in collaboration to ensure job cre­ation opportunities.

A great example now being led by edu­cation partners is the implementation of a nearly $15 millon grant awarded to Chaffey College and the Inland Empire Regional Training Consortium (IERTC) in 2014. The competitive grant was awarded by the Trade Adjustment As­sistance Community College and Ca­reer Training (TAACCCT), which is co-administered by the Department of Labor and Department of Education, to improve manufacturing training for the Inland Empire.… Read the full article

Economy General Politics

Taxable Parcels Increase in Value Due to Existing Home Sales

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By Bob Dutton, San Bernardino County Assessor

In June 2015 the assessment roll contained 820,314 taxable parcels and was valued at $186,894,462,703, which represented a 5.077% net in­crease as compared to the 2014 as­sessment roll. Our office reported that the primary reasons for the in­crease in value were sales of existing homes, Proposition 8 recovery of as­sessed values, and the Proposition 13 Consumer Price Index adjustment. New construction also contributed to the increase but to a lesser degree.

The 2015 assessment roll finally reached and surpassed the previous high achieved in 2008 before the collapse of the real estate market. Three of the cities with the highest increases were all located in the High Desert, including Hesperia at 7.8 %, Victorville at 6.7 %, and Adelanto at 6.5%.… Read the full article

Economy General Property

2016 Economic and Housing Market Outlook

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By Oscar Wei, Senior Economist

CALIFORNIA ASSOCIATION OF REALTORS®

Economic Outlook

The U.S. economy ended last year with a lackluster performance of 1.4% annual­ized growth rate in the fourth quarter of 2015. While the annual increase in GDP in 2015 maintained the pace as that of 2014, it was a letdown for many econo­mists who predicted a stronger outlook for the nation last year. The subpar per­formance of the year was due to multiple factors including: 1) the sharp decline in oil and commodity prices; 2) the eco­nomic slowdowns in China, Europe, and Canada; and, 3) a strong dollar that makes American goods relatively expensive and weakens demand overseas. Despite the hiccups in recent quarters, the labor mar­ket continued to improve, with nonfarm employment averaging a gain of more than 233,000 new jobs per month in the last 12 months.… Read the full article

Economy General

Economic Report: Job Growth on the Horizon

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Economic Report: Job Growth on the Horizon

By Sandy Harmsen, Executive Director,

County of San Bernardino Workforce Development Board

The San Bernardino County Workforce Development Board (WDB) commissioned the Virginia-based consultant Chmura Economics and Analytics to conduct in-depth analyses of the Inland Empire’s economic vitality on an annual basis. The purpose of the analysis was to assist the Board in determining future actions that will support growing industry sectors to strengthen the workforce talent pipeline. In addition it provides an accurate guide to where the WDB should invest funds to ensure the availability of skilled workers in the projected growth sectors.

The study denotes there are positive indicators on the horizon. The employment rate is expected to rise 3.5% this year, a statistic that outperforms the state of California and the nation.… Read the full article

Economy Film General

How does the Inland Empire Film commission Make it so easy?

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How does the Inland Empire Film commission Make it so easy 1

By Sheri Davis – Director

The High Desert still remains the number one desert location for the Film Industry in California. Why you ask? It is really a simple answer – terrific light, diversity of locations (from a mountain community to the vast sand dunes at Dumont) as well as experienced crew and service providers. Also, the film industry gets ease of permitting with the Inland Empire Film Commission which serves as the One Stop Permit Agency for the County of San Bernardino, the United States Forest Service and the Bureau of Land Management. How does the Film Commission make it so easy? They have some very important partners whose support is key to successful filming in the High Desert. The Barstow Bureau of Land Management leadership and staff deserve a medal for their excellence in assisting filming.… Read the full article

Economy General Property

Most High Desert Home Values Trending Up

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Fig 1 Most High Desert Home Values Trending Up

By Bob Dutton
Assessor-Recorder-County Clerk
San Bernardino County

As the newly elected Assessor for San Bernardino County, I am very interested in monitoring and taking action to stimu­late economic development in the region. One of the key indicators of the regional growth is the value of the various prop­erty types within the County.

Over the last several years, dating back to 2008, there have been some very dra­matic changes in assessed property val­ue. Before we discuss property value, it is important to distinguish the difference between market and assessed property value.

Market value: The lowest price a sell­er would be willing to receive while at the same time the highest price a buyer would be willing to accept on an open and competitive market.… Read the full article

Economy General Politics

Momentum is Ours

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By Larry Vaupel
Economic Development Agency Administrator
San Bernardino County

Momentum. Defined by force or speed of movement. Our County is experienc­ing momentum again. It is a speed of positive movement that will benefit us all. However, the challenge is to ensure this positive economic momentum is broad based, hitting all key aspects of our region from healthcare to education to business.

We have population momentum. Ac­cording to economist Joel Kotkin, Cen­sus Bureau data indicates that, from 2007 to 2011, nearly 35,000 more resi­dents moved from Los Angeles County to the Inland Empire than moved in the other direction. There was also a net movement of more than 9,000 from Or­ange County and more than 4,000 net migration from San Diego County.… Read the full article

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