The Economic Development Board and Moody's put together a quarterly report on the state of the couny and things are looking quite positive overall.
•Sonoma County’s economy has improved considerably in the past six months. Job growth is now approaching 2.5% over the year, its fastest rate since the 2001 recession.
•Sonoma County’s unemployment rate is falling to a point where the risk of a labor shortage is rising.
•Sonoma County’s housing market appears to be easing. Improved housing affordability, however, would generate improved long-term economic conditions.
•Sonoma County’s economy is proving itself to be resilient, as its industries, including technology, restructure and remain competititve.
•Brad Zigler reports on growth in local stocks. Brad Zigler is a Santa Rosa-based financial writer and editor, and is the creator of the North Bay Stock Index.
Click here for the full report in PDF format.
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