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Home My WebLink AboutAGENDA REPORT 2000 0119 CC REG ITEM 10JITEM - 3 s: -``•'' U C S B ECONOMIC FORECAST, PROJECT im CITE' OF MOORPA.RK, CALI City Council Meeting of .dQ12D AC ON: A/Fissio'n Statement The Economic Forecast Project is a research program of UCSB that provides the community with information on economic, demographic, and regional business trends in the Project's service area. "` The primary research activity is the collection and verification of statistical data and other evidence about the changing business and economic environment. From the assessment of these data, the4�Forecast Project monitors the status of the economy, and provides projections of future economic activity for the local area. the principal service area as of December 1998 is Ventura, Santa Luis Obispo, and Santa Barbara Counties; the Project also provides economic indicators for- the greater Southern California Region including Los Angeles County: 00007 7 Economic Forecast Project • 1998 'r d UCSB Economic Forecast Project Sponsorship Information for the year 2000 Sponsorship Levels and Benefits Business Founding Lead Advisory Associate Corporate Annual Funding Level $10,000 $5,000 $2;500 $1,500 $900 Benefits Admissions to the Annual Economic Forecast Seminar 20 12 8 6 Copies of the Annual Economic Outlook 100 50 20 12 6 Copies of the Semi - Annual Newsletter 5 3 2 2 1 Admissions to the Mid -Year Update Seminar 5 3 2 2 1 Custom Research Credit Hours 28 10 6 3 2 (includes special presentations) Invitation to Private Audience With Speakers dinner Yes Yes Yes Yes No Public Presentations The Economic Forecast Seminars are annual public presentations featuring invited speakers from the most prestigious business firms, universities, and other organizations throughout the United States. The director of the Economic Forecast Project routinely presents the local economic review and forecast for Santa Barbara, Ventura, and San Luis Obispo Counties. ..4 A mid -year update conference is held each year for sponsors and their guests. The mid -year seminar reviews current economic conditions, and updates the annual forecast that was presented 6 months earlier. Special Presentations and Reports We make frequent special presentations and prepare custom reports and studies for our sponsors and other organizations at their request. Special presentations are made throughout the year. The content updates and expands upon the most recent short and long term forecast. Forecast Models and Databank Since 1985 the Economic Forecast Project has developed a local databank and a series of forecast models for the Santa Barbara, Ventura, and San Luis Obispo County economies. The econometric models were originally developed by UCSB faculty members for use in economics courses. As the models were expanded and improved the forecasts became. useful to the local business and planning community. • The long term econometric forecasting models produce projections of nearly 100 key local economic indicators over a 10 year forecast period. • The short term forecasting models generate projections of retail sales, employment, population, housing, and tourism on a quarterly basis over a 3 year forecast period. The database used to support the models has evolved into the largest historical depository of regional economic, business, and demographic information that presently exists. The database also includes a number of social and environmental indicators, which we monitor continuously. By focusing our attention on data and other information specific to the regional economies we are better equipped to evaluate the local implications of policies pursued by city, county, state, and federal governments, or by uncontrollable events which may affect the region such as fire or drought. 0000,78 r = UCSB ECONOMIC FORECAST PROJECT �,- NEW SPONSORSHIP FORM for calendar year 2000 Please indicate the sponsorship level at which you wish to enroll your organization: ❑ Corporate Sponsor: $900 ❑ Business Associate Sponsor: $1,500 ❑ Advisory Sponsor: $2,500 ❑ Lead Sponsor: $5,000 ❑Y Founding Sponsor: $10,000 ❑ Special Research Sponsor, Level $ Make all checks payable to the UC Regents - EFP. Contact Person: Organization: _ Address: Phone: 0 Fax: UCSB Economic Forecast Project c/o Institutional Advancement University of California Santa Barbara, CA 93106 0000—j ) Economic Forecast Project * 1998 �+L 77- 1:999::SPONSORS OF THE UCSB ECONOMIC TbR 'E6 AST T ROJECr --Santa Barbara Count3i, Founding Corporate QC�PM%.-W Ly rr. Santa Barbara Bank & Trust AmeriT-_Est Capital \`P ma. 'A. Ha-1ch and Paren' Sc:_.hern California Edison Lead AT&T W;,-ei'ess Ser,"ces Interstate Equities CorporaLion So-,::nm, Califo.rda Gas Corn.:;any Bermant )ev(,Io-.)me!it Co- Bank of America ;nvHtec St. :-antis Medical Center - CiPA; Kinke . s corp. Barder:, Pnn-]�� &, ',Voff KEPT - —1 J T�.� Territory Ahead Miramar Hotel Browning-Ferris Industries Lawyers Title Tr:- Towbes Group, Inc QAD Inc. CamL:,., Real, LLC VC.., l L} r ci . The Vons Companies, Inc. Santa Barbara County CB Commercial Real Estate Group \q; ramar Systems, Inc. Tremblay Waibel Financial Se-vice -Advisory Cearnal Architects, Inc. Momecito Bank & Trust :UCSB Administrative & Auxiliary Svcs. City of Santa Barbara Central Coast Farm Credit Pacifica Commercial Realty United Way of Santa Barbara County „Jordano*s & Pacific Beverage Co, Chicago Tide Pacific Gas & Electric*.'to. Vandenberg. Federal Credit: Union ...Santa Barbara News Press Christensen &Drake, LLP Paseo Nuevo Associates Western- States-Petroleum Assn. ,Bdsiness Associate CHW Central Coast Penfield & Smith William Levy investments, Blair-Hayes Commercia City Commerce Bank PulsePoint Communications ','Partoer. -:BT-Alex Brown Coldwell -Banker Renco Encoders,JnL.:_,: Downtown.0rganizatioa ox-Communications.". Davies Communications. Inc. Ronald LaWolfe'&Associates, Inc.:. `,'Roger Wilde, dA/ABV,',�-- Gfi viireiesse, San5um-SB Medi cal,Foundaton Clnc* 'Santa Barbara Rental Property , Assoc . ' Uid&CommeivaI Real Estati, d e ; ' Santi Barbara Cottage Health System. Research ,niapsxom; -.Frank Schip'per.Construcdon Co. - "" Ch Santa Barbara Wynicip Airport*� - Carpinteria- amber. of commerce: Pacific �-Aians6nAggreggates Sates -�Regis.Group:.�.;,.�,' 0 r o Commerce x Raytheon C, qmpany:,tQ,,, Santa ChanbeiznUC6mmerce _ Santa Barbara Santa a dridustri Associatiorv, :!-tl p Management lyi��Yarg 'Ventilra ot C iiilty, Yi Corporate .'.'-_.*': �zI7, Ventura 'iCdiirit n"11. 0_ �,*!ArrldricamC6mmercial Bank Davies ,S1:n` ernacc am - abd -.Co aborative�- c nt outhdo%vn� Concrete F b6eloprrie' Los:Angeles Times San Femaiido Valley Ed i1T &T Wireless Services Ventura County. California - Edison `,Bank of America First Western �IS-mthern.CAff6rniaXas' Co Advisory t:A-,`Rismusseh Inc. ......... . S*6 s- T St:' jolihi CHW-�. Ham'merHew: n-As'soctiate . 4�6Nfl-Ce*ht6r of uitura,�,,.;,;�-,i!.-.`�Z,' Cd1mat*Co*.; -a Company -j oneir rly, .y DevelopmeritCorp CB ercial Real, Estate Group an Los Robles Ventura itCredit u K� mtura.Cb'�Federi, . Coast Farm Credit port of Hueneme /Oxnard Eirbor-,'Di��6ti, ��"C,eiitraI cast Fa Luceri t'- on, unity 65' County Comm �hamieiIslifids Properties b -PacMc Bell`,*_,;�-�,:i City of Sum Valley ° Title hicagd,Tv Eaiii� Resources Associates, Inc e4 T" '�-';Point MuguFM&d ci dit.u"m; on- -.94Ft C. ..Co B .1ty =erc ank Ranch ll_��,, 7: Salf .0 1W �:'O b NP, 'Y -11 V, ii� 10 Corporate ip, !aitn er; 'Ealiforma PolytechnlcState University SLOB American Eagle .- : "Mission,c6mm it ,Co , y.Bank� ?�% kt� x Associates un £ n Luis po�, Tribune Sari Obi� 'T'b capital M obl* es'Vb�d, bAcbln"Mer Paso'_R cury:::��.� z;jfrybeBea d' Inc . Z Advisory z Ni6rniis Buttery FK:Hertel& Xuma- 10,6 C, Ti tie orqpany, o Paso Robles :Apple Faiml6staurantanflnn _-RadakovichShai4 ". r : �]A; ss`oc' i af te"siiy r Cdty of San jjjs,o ispo ' 'L ci er, Hooper Rodney. RJ, evn 2ac Bell x� Fidelity Title z sBIA Central Coast =5an Lus'Personnel Services jnc� vate' Industrg Council 1- �,,4 en Central _g, 1 j.b V anta. uc1a.BaaK.-g,;;i,A-r -Associa. MclCeA CA;qmp Ste U11 U The Gas L Sweeney A;J , %AJUIILY UU'OdJLLUlb UUIZJJU WUQFU QC�PM%.-W Ly rr. &fsw b�-. 9, Orporation 0 PUPS 4 Bryson S ycamorqlqneral.,Spnri 16drt,, nr. gs om a e MorW gi a n, � G ec Twin ides ondratinit ospi6i, By 6- Economic Outlook ♦ Summer 1999 000060 11 1999 UCSB ECONOMIC FORECAST PROJECT BOARD OF DIRECTORS ^, Santa Barbara Counti, Ventura County San Luis. Obispo County John Davies, Chai:, Ralph. Mahan, Chair Roxanne Carr, Chair Davies Com.rit_n`.: a`ions, inc. Mahan Ranch The Mortgage -louse, inc. Bang Anderson Susan Abundis Jim Brabeck QAD . Inc. Bank of America SLO County Farm Supply Company Edward Birch Suzanne Chadwick Bob Burgess Westmont College Santa Barbara Bank & Trust Paso Robles Ford, Lincoln, Mercury Joan Bricher, . Marc Charney Maggie Cox Santa Barbara Cottage Health System "'Nordman, Cormany, Hair &: Compton Barnett. Cox &Associates - Daniel Herlinger Jim Jevens `David Garth CHW Central:Coast James M. Jevens, Consultant SLO Chamber of:Commerce C. Richard James Steven L. Kinney ,.Gale Gascho - The:GasCo:;' Retired.' 'Greater Oxna dEconomic Development Corporad6n CentrahCoast.Health Partners Peter Jordano .. John Lindsey Kenneth Graff ; ,. JorcYanos' &.Paciftc Beverage Co." Edward Jones Central.CoastFarm Credit , Carl Lmdros Mike Montoya Allen Haile ? Santa Barbara Securities Inc: Southern California Edison Cal Poly State Bnrversrty John McGrath Robert "Ortega .. Harold FLggms Santa Barbara Bank& Trusf;:retrred'.. Chicago Title SarLurs Obispo Tribune - Allen Pugfi Thomas Petrovich Steve'McCarty CompuWave' Soarer ;Sandall Bernacchi &Petrovich Stafford &:McCarty Douglas Schmidt' Elizabeth Rogers Sandy Taylor Miller x jareis Hartloff & Simon, L:LE Pacific Earth_.Resources Carrot Piueti Michael Towbes '; johri Wilcox Mid -State Bank 'M The Towbes:Group Inc .. =` Ventura County Star; :Arita Rohmson :' '- Bob Tuler. „ Mission Conimumty.Bank Pacifica Real Estate Group ,. Vrc Sterling - Carolle.Xan Sande ;' ; Southern California Gas Co.; retired N , Wynrnark Company.: ` s Brran"Talley Kent Vuung t , 3 Talley Farms_ ..Santa Barbara Bank.& Trust l ; UCSB Instttutronal Advancement WalterfMead3 1TCSB Departmenrof Economics RobertDeacon t, x ` iJCSB Department of Economics.. r r .Llad Phillips Z ✓ X' s r ,2 UCSB Department of Econorrncs P } This newsletter was mailed to all Economic Forecast Project Sponsors in Santa Barbara, Ventura and San Luis Obispo Counties and to newsletter subscribers on August 2, 1999. UCSB Economic Forecast Project Institutional Advancement University of California Santa Barbara, CA 93106 (805) 893 -2876 12 Copyright (9 1999 by the University of California. The . findings presented in this publication are not nec- essarily endorsed by the Regents of The University of California. Reproduction of any part of this news- letter is prohibited. Permission to copy or quote " material contained in this publication must be ob= . tained from the Director of the UCSB Economic. Forecast Project. Newsletter design and production by the UCSB Eco- nomic Forecast Project. Newsletters ore produced during the winter and summer quarters. Economic Outlook ♦ Summer 1999