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.
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.
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.

Updates and Events


Silicon Valley Lands One of Four New U.S. Patent Offices

News /
Word of a big win for Silicon Valley came July 2 from the U.S. Commerce Department. For the first time in its history, the United States Patent and Trademark Office will open four offices outside of Virginia, and the western region office will be located in Silicon Valley.

San Jose Passes New Incentives for More Active Streets Downtown

News /
Many downtown areas have policies in place that restrict ground-floor storefronts for walk-in businesses such as retail, restaurants and entertainment. The idea is to encourage people to continue exploring (and hopefully shopping) on foot. But in an economic downturn, when retail stores may remain vacant for years, dark storefronts can create dead spaces of their own, further challenging the success of surviving retail tenants. With…

SF Works to Reform Its Business Tax

News /
For the last decade, businesses in San Francisco have been adamant that the city’s payroll tax is holding back job growth. First, companies must pay the tax when they reach $250,000 in payroll, which discourages new hiring. Second, they must pay it when employees exercise their stock options — a strong incentive for any company considering an IPO to leave the city. SPUR, along with…

Salesforce Exits Mission Bay: What It Means for SF

News /
On February 28, Salesforce announced its was suspending plans to build a 2-million-square-foot campus on the 14 acres it had acquired in San Francisco’s Mission Bay. Citing that it has grown faster than expected, the company will instead lease existing space two miles north, near Market Street in San Francisco’s Central Business District.

Life After Redevelopment

News /
On December 20, the California Supreme Court upheld the legislature’s elimination of redevelopment agencies. Each city now needs to figure out how to do what has been traditionally been done with redevelopment funds. What does this surprising turn of events mean for the urbanist agenda in California?

The Urban Future of Work

SPUR Report
As the Bay Area’s economy changes, many firms are finding they need the vibrancy and density of an urban-style environment in order to collaborate, innovate and stay competitive. There is a strong link between density and job growth. In fact, we believe that locating jobs closer to transit — and closer to one another — will be key to the Bay Area’s long-term economic growth.