The Fed Affirms: No Rate Hikes on the Horizon, Risks Loom
Citing an ongoing public health crisis (i.e., the pandemic) that “will continue to weigh on economic activity, employment, and inflation in the near term, and poses considerable risks to the…
New Spike in Bay Area Unemployment Claims
As we noted last month, the rebound in Bay Area employment has sputtered. And in fact, the number of new unemployment claims filed across the Bay Area, which had been…
Open Houses Will NOT Resume Next Week
The majority of activities and businesses that were slated to either reopen or be allowed to expand their capacities next week in San Francisco have just been “paused” due to…
Offices Allowed to Reopen Next Week, Bars on Tap [UPDATED]
With San Francisco’s COVID-19 risk level having dropped to “Minimal”/”Yellow” status per the State’s “Blueprint for a Safer Economy,” office spaces that have remained shuttered by the pandemic will be…
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Number of Homes for Sale in S.F. Hits a Two-Decade High
Following a trend which shouldn’t have caught any plugged-in readers by surprise, as its basis was in place prior to the pandemic having hit, the number of homes on the…
Bay Area Employment Rebound Sputters
Having dropped by over 90,000 from March through May, yielding an unemployment rate of 12.7 percent, the number of people living in San Francisco with a paycheck rebounded by 33,000…
Small Business Eviction Can Kicked Down the Road
With Governor Gavin Newsom having inked an extension of Executive Order N-28-20 last week, which will allow local jurisdictions in California to continue banning the eviction of commercial tenants impacted…
New Claims Drop but Ongoing Unemployment Ticks Up
While the number of San Francisco residents that filed a new/initial unemployment claim dropped 16.5 percent to 21,332 August, from 25,534 in July, and the unemployment rate declined with a…
Bay Area Employment Still Down by 400K, Labor Force Dropping
While the estimated number of people living in San Francisco with a paycheck increased by 5,900 in August to 515,900, the labor force shrank by 7,800 to 565,700 for an…
Wave of Small Business Evictions on the Horizon
Governed by state law, local governments normally can’t exert control over commercial leases. But having been enabled by an Executive Order issued by Governor Newsom back in March (N-28-20), and…