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Economy

We believe: Prosperity is essential to a thriving region and should be planned for, supported, and shared so that all people can participate in and benefit from economic growth.

Our Goals

• Allocate resources to meet the needs of the most disadvantaged groups.

• Strengthen and expand the social safety net.

• Rebuild the middle class.

• Build effective and equitable fiscal policies.

Bay Area Market

SPUR Report

Undue Burden

Sales taxes are a common revenue-raising tool, but they also play a role in reinforcing structural inequality. SPUR explores three options for creating a more equitable tax code.
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Homeless Camp

SPUR Report

Mending the Net

Long before COVID-19, California had the highest poverty rate in the nation. The state is also one of the worst at getting benefits to those who need them. Streamlining the application process would help Californians receive the public support they have a right to.
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Ladders Out of Poverty

SPUR Report

Ladders Out of Poverty

Thousands of Bay Area households struggle to pay their bills each month, a situation worsened by the COVID-19 pandemic. The region should look to the promise of unrestricted cash transfer programs, which give people money with no specific requirements on how it is spent.
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Updates and Events

The Future of Downtown San José

SPUR Report
Downtown San José is the densest, most walkable, most transit-oriented and most dynamic place in the South Bay. It’s now poised to benefit from the growing trend toward working and living in urban centers. But downtown needs more people. This SPUR report identifies six big ideas for achieving a more successful and active downtown, then lays out the steps for making them happen.

Transforming Downtown San Jose

Urbanist Article
Downtown San Jose is the only downtown in the South Bay that is ready to grow in a serious way. Here are six big ideas to help make that happen.

Forecasting San Francisco’s Economic Fortunes

News /
Earlier this month, San Francisco’s leading economists met to predict the future. Each year, SPUR’s Municipal Fiscal Advisory Committee brings together city staff and independent economic experts from sectors including real estate, hospitality and retail. This year’s Annual Economic Briefing illuminated several key economic trends impacting the city this year.

10 Pilot Projects to Boost the Bay Area Economy

News /
From President Obama’s State of the Union speech to local policy initiatives, there’s been a lot of attention lately on wage inequality and the shrinking middle class. As part of a major SPUR initiative, a group of Bay Area pilot projects will tackle these issues head on.

The Tech Boom

Urbanist Article
From The Year in Urbanism: San Francisco added jobs faster than any other city in the country in 2013. The boom-and-bust cycle is an inherent part of capitalism. But underneath the ups and downs of the business cycle are longer-term trends — in this case, the emergence of technology as the dominant employment sector in San Francisco.

Lease Deals Point to Positive Signs for Downtown San Jose

News /
Two big lease deals in downtown San Jose indicate that the city center’s underappreciated assets may be proving attractive to those seeking more urban workplaces in Silicon Valley. Why did these two tenants choose downtown over other nearby competitors? Four reasons: access to transit, urban amenities, real estate costs and a responsive government.
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