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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

At Last, the Tide Turns on Downtown Oakland’s Office Market

News /
Downtown Oakland now has the tightest commercial market in the country, with a vacancy rate of 5.3 percent. As a result, commercial rents in downtown Oakland have shot up. After many years of construction costs stubbornly remaining higher than commercial rents, it has finally become financially feasible to build new office buildings downtown.

The Urgency to Achieve an Inclusive Economy in the Bay Area

Urbanist Article
The latest tech boom has stretched the Bay Area’s income inequality gap to its widest level in decades. Can we figure out how to ensure that this growth is created by, and benefits, all workers and families?

How New Approaches to the Storefront Are Reviving Retail

News /
New technology, changing demographics and shifting consumer preferences have caused a slump in sales at big-box stores, traditional shopping malls and downtown storefronts across the country. But innovative uses of space and new approaches to drawing customers into stores show signs of promise. A recent SPUR forum in San Jose explored how retailers are finding success locally.

The Outflow of Bay Area Residents Spreads to Higher Income Levels

Urbanist Article
Over the last few years, the incomes of those moving into the Bay Area have risen faster than Bay Area wages, suggesting that the deterrence of potential newcomers is occurring at higher income levels than before. Similarly, the concurrent rise in the income of those moving out suggests that the ranks of people “crowded out” have swelled to include higher earners than ever before.
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