Welcome Welcome Stockton Regional Economic Vitality Conversation June 18, 2004 Made possible through generous support from Pacific Gas and Electric Company.

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Presentation transcript:

Welcome Welcome Stockton Regional Economic Vitality Conversation June 18, 2004 Made possible through generous support from Pacific Gas and Electric Company and Bank of America

A Perspective on the Northern San Joaquin Valley June 18, 2004 Presented by Michael E. Locke, President & CEO San Joaquin Partnership

State Proximity

Regional Proximity The Inter-Regional Partnership

Commuter Map

Dynamics of Change Urban Expansion –San Joaquin County: 2.3% –Stanislaus County: 2.2% –Merced County: 2.8% SOURCE: Center for Continuing Study of the California Economy, California County Projections 2003 Edition

Population Source: California Department of Finance – Estimates & Projections

Dynamics of Change Growth limitations in place –San Joaquin County: 5 Cities with Growth Cap –Stanislaus County: 3 Cities with Growth Cap –Merced County: None Citizen Initiatives on November Ballot –San Joaquin County – Two (2) City of Stockton –Stanislaus County – None –Merced County – None

Global Economy Influences Exports Imports Offshore/Out of Region/Manufacturing

Regulatory Issues Air Quality – Severe Non-attainment Water Quality Issues, Bay Delta Accord Workers’ Compensation Medical Leave Act Health Coverage

Education Quality of Education: K – 12 CA State University (Turlock & Stockton) U.C. Merced Job Training/Vocational Training

Industry Clusters (8 County Region) Agriculture –73,000 jobs –$6.5 billion in sales –99% within the Tri-County Region Health Services & Biomedical –38,500 jobs –$1.8 billion in sales –92.6% within the Tri-County Region Source: Industrial Base Study and Cluster Analysis Northern San Joaquin Regional Collaborative March 1, 2000

Industry Clusters (8 County Region) Transportation –22,700 jobs –$903 million in wages –96.7% within the Tri-County Region Source: Industrial Base Study and Cluster Analysis Northern San Joaquin Regional Collaborative March 1, 2000

Industry Clusters (8 County Region) Resources –12,650 jobs –$410 million in wages –87.8% within the Tri-County Region Tourism –21,800 jobs –$300 million in wages –70% within the Tri-County Region Source: Industrial Base Study and Cluster Analysis Northern San Joaquin Regional Collaborative March 1, 2000

Emerging Clusters Logistics – Global –Port of Oakland –Port of Stockton –Burlington Northern Santa Fe Intermodal –Union Pacific Intermodal Building Materials Manufacturer –31 manufacturers & distributors in last 2 years

Bay Area Integration Transportation Comparative Affordability Workforce Availability Housing Affordability U.C. Merced Regional Economic Drivers

Regional Challenges Growth Management – Smart Growth Principals Agriculture Protection Infrastructure – Regional –Finance Education –K – 12 –University & College Tax & Regulatory Issues

Economic Vitality Conversation Today’s Focus 1.What state actions will have the most immediate positive impact on California’s economic recovery? 2.What state actions will result in the most significant long-term improvement to California’s economic competitiveness and comparative advantage? 3.How do we best structure an effective partnership between the regions and the state around economic strategy?