East Bay EDA Report indicates growth

A new report to be released May 14 by the East Bay Economic Development Alliance ( East Bay EDA ) shows that the East Bay region is poised for steady growth with virtually every major economic indicator moving in the right direction.

Business activity indicators have trended favorably while gains in the job market have resulted in higher spending levels in the region and higher taxable sales.

The 2015-16 East Bay Economic Outlook was prepared for the East Bay EDA by Beacon Economics, one of California’s leading economic forecasters. Dr. Christopher Thornberg, Principal at Beacon Economics, will present their findings at a special event Thursday, May 14 from 9:30 – 11:30 a.m. at the Oakland Asian Cultural Center at 388 9th Street in Oakland.

The full report  will be available after May 14, online at: www.EastBayEDA.org. The event is open to the public with pre-registration at www.EastBayEDA.org

About the East Bay EDA

The East Bay Economic Development Alliance (www.EastBayEDA.org) is a public-private partnership founded in 1990 to serve the Bay Area’s East Bay region (Alameda and Contra Costa Counties). The East Bay EDA’s mission is to be the regional voice and networking resource for strengthening the economy, building the workforce and enhancing the quality of life in the East Bay.