Economy

Economy

San Jose leaders say downtown is entering ‘a new era of promise’

The tone of an annual meeting on the state of downtown San Jose was hopeful, despite the city core’s slow recovery from the COVID-19 pandemic. San Jose Downtown Association members met today at the Hammer Theatre Center, along with city leaders who rallied support for a “vibrant, community-driven” downtown. The area is facing a number of setbacks, including the...

San Jose employees spent millions on travel, entertainment and dinners

From Disney resorts to animal funeral services, San Jose City Hall employees spent millions with city credit cards this past year. About a quarter of San Jose employees have city-funded credit cards, known as purchase cards or P-cards. The cards are typically issued to specific department representatives with intent to streamline small dollar purchases—mostly office...

Immigrants put billions of dollars into Santa Clara County

Immigrants are one of Santa Clara County’s key economic drivers, bringing billions of dollars into the community. Approximately 765,800 immigrants contributed $255 billion to the county’s gross domestic product in 2021, according to a recent report that reveals the significant role immigrants play in the region’s labor force, businesses and consumer spending. New Americans in...