photo of people walking past a produce market

Economy

We believe: Prosperity is essential to a thriving region and should be planned for, supported, and shared so that all people can participate in and benefit from economic growth.

Our Goals

• Allocate resources to meet the needs of the most disadvantaged groups.

• Strengthen and expand the social safety net.

• Rebuild the middle class.

• Build effective and equitable fiscal policies.

Bay Area Market

SPUR Report

Undue Burden

Sales taxes are a common revenue-raising tool, but they also play a role in reinforcing structural inequality. SPUR explores three options for creating a more equitable tax code.
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Homeless Camp

SPUR Report

Mending the Net

Long before COVID-19, California had the highest poverty rate in the nation. The state is also one of the worst at getting benefits to those who need them. Streamlining the application process would help Californians receive the public support they have a right to.
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Ladders Out of Poverty

SPUR Report

Ladders Out of Poverty

Thousands of Bay Area households struggle to pay their bills each month, a situation worsened by the COVID-19 pandemic. The region should look to the promise of unrestricted cash transfer programs, which give people money with no specific requirements on how it is spent.
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Updates and Events

A Boom, and a Turning Point, for Downtown San Jose

News /
Thirty years ago, few people could have imagined that downtown San Jose would be taking off like it is today. In the last year, 659 new units of housing came on the market and more than 1,900 are under construction. This is what a generation of city leaders has been working toward, and the excitement is both palpable and well deserved. But it’s also fragile.

Are We Headed for an Economic Correction? Bay Area Experts Weigh In

News /
What will happen with the economy in the year ahead? Are we in for a correction or recession? Every year, SPUR’s Municipal Fiscal Advisory Committee gathers expert economists to try to answer these kinds of questions. The expertise of independent economists and experts from key sectors — including real estate, hospitality and retail — helps the city staff develop revenue projections for San Francisco’s budget.

The Economic Boom Continues

Urbanist Article
The Bay Area has emerged as one of the most significant economic engines on earth. Yet some of our policy failures are limiting the region’s ability to add jobs — and causing terrible problems for its residents. We know that booms and busts are an inevitable part of capitalism, but what do we know about the longer-term fate of the Bay Area innovative economy?

SPUR Supports San Jose City Council Priorities for 2016

Advocacy Letter
SPUR supports the following two items that have been nominated as part of the San Jose City Council's priority-setting process: the Downtown Active Storefronts Initiative and the San Jose Urban Agriculture Incentive Zone ordinance.

Strengthening the Budget of the Bay Area’s Largest City

News /
Over the last decade and a half, San Jose’s budget has been on an economic rollercoaster. Two recessions, budget deficits, lay-offs and service cuts have all plagued the largest city in the Bay Area. SPUR has been exploring some of the factors that have affected San Jose’s fiscal position, as well as analyzing it's performance compared to other cities in Santa Clara County and California.
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