WelcomeWelcomeStockton Regional
Economic Vitality ConversationJune 18, 2004
Made possible through generous support from Pacific Gas and Electric Company and Bank of America
A Perspective on the Northern San Joaquin
ValleyJune 18, 2004
Presented byMichael E. Locke, President & CEO
San Joaquin Partnership
State Proximity
Regional Proximity The Inter-Regional Partnership
Commuter Map
Dynamics of ChangeUrban 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
0.00%0.50%1.00%1.50%2.00%2.50%3.00%
California SanJoaquin
Stanislaus Merced
Average Annual Growth Rate 2003-2010
Population
0100,000200,000300,000400,000500,000600,000700,000800,000900,000
1,000,000
San Joaquin Stanislaus Merced
20042020
Source: California Department of Finance – Estimates & Projections
Dynamics of ChangeGrowth 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 EconomyInfluences
• 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 Focus1. 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?