Economy
Hacienda sits at the center of the world's sixth largest economy and at the hub of one of the most economically productive regions in the world, according to the Bay Area Council Economic Institute. The San Francisco Bay Area is arguably the most economically diverse region in the United States.
Within this region, Hacienda businesses are supported by a phenomenal wealth of resources. Each geographic element—the Tri-Valley, the East Bay and Alameda County, the City of Pleasanton, and Hacienda itself—contribute significantly to the Bay Area's economic strength.
Companies at Hacienda also contribute significantly to the Bay Area economy. One measure of their value can be seen in the Hacienda Index of publicly traded companies, which can be found in the Hacienda section below.
Over the long-term businesses have to expand in Pleasanton, in the East Bay, because of cheaper occupancy costs and the availability of the labor pool.
Andrew Brown, Director of Leasing, Embarcadero Capital Partners
East Bay
Since the 1980s, the East Bay has been the fastest growing part of the San Francisco Bay Area. This region, which includes Alameda County, is home to nearly a third of the Bay Area's workforce, many world-class universities, and two national research laboratories.
One of the area's defining characteristics is the breadth of its economic base, as noted by the East Bay Economic Development Alliance (East Bay EDA), a public-private partnership serving the area. A diverse set of economic industries contribute to job creation, research and development, local investment, and business growth in the East Bay and Alameda County.
Reporting has regularly shown all major indicators point to continued growth for the East Bay economy, according to East Bay EDA. "Some of the fastest-growing sectors over the last year have been Construction (7.2%); Transportation, Warehouse, and Utilities (4.5%); and Manufacturing (3.4%)," according to the East Bay Economic Outlook Report. High-skilled sectors such as Professional, Scientific, and Technical Services (3.4%) also posted significant growth.
Hacienda News and Information
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