Greater Sacramento COVID-19 Update
April 10, 2020
Good Afternoon,  

We've made it through another week of social distancing and working from home. We are excited to work with community leaders on an economic plan for federal funds that will be allocated to the Greater Sacramento region. Each community is unique and we are leveraging each of their strengths to build a sure footing for economic growth. We have analyzed data from the 2001 and 2008 recessions, and can learn from those economic downturns on the best practices to recover quickly.

Our team continues to work with businesses looking to come to our region. I am happy to offer a great tool, SizeUp , that provides small businesses and entrepreneurs with access to big data, offering a leg-up to make strategic next step decisions. GSEC is here for the community.

Thank you,
Barry
In the news
SizeUp screen cap
GSEC launches interactive tool to help businesses through COVID-19

GSEC launched a free interactive tool to help businesses large and small through this economic downturn. SizeUp provides custom market research and data to empower companies to make strategic and data-driven decisions on their next move.

ED Secrets Podcast
GSEC featured on economic development podcast

Barry discussed the organization's response to the COVID-19 crisis and projections for recovery on the Economic Development Secrets Podcast.

Economic impacts and projections updates
Updated Report: Forecast for U.S. GDP

Today’s report includes updated data from JP Morgan, Wells Fargo and University of the Pacific as well as updates on national, statewide and regional unemployment.

Announcements
SMUD will not disconnect power due to non-payment and is offering payment arrangements to help customers pay their electricity bill. Take a look at  their Facebook page  for tips and ongoing updates on resources and programs to help during this challenging time.

Amazon has hired 800 additional workers in Sacramento since March 16, and it's still seeking more employees. More details here »
Upcoming programs
GSEC programs

The GSEC team is pivoting upcoming events and meetings to virtual sessions. If you have registered for or are planning to attend an upcoming program, stay tuned for instructions on joining us virtually or in some cases, a rescheduled date.
Related programs

DAILY ATTACK PLAN with MARK HANEY
Host: HANEYBiz
Date: Ongoing

Virtual Entrepreneurship Toolkit Series
Host: Sacramento State Carlsen Center for Innovation & Entrepreneurship
Date: Ongoing
Featured commercial real estate property
2050 Gateway Tower

This new, 327,000 sf Class A office located in the South Natomas submarket is expected to be delivered Q4 2022.

#EconomicResilience
Show your solidarity and support for our community by re-sharing our posts and tagging your own with #EconomicResilience.
COVID-19 resources
Local chambers’ Rapid Response Business Triage Hotline is now open 

Sacramento Metropolitan Chamber of Commerce and Sacramento Asian Pacific Chamber of Commerce set up a free hotline to navigate businesses through access to capital, human resources and legal advice during the COVID-19 crisis. The number for the hotline is 833-391-1919 with business counselors available Monday-Friday from 8 a.m. – 4 p.m. Consultations will be available in English, Spanish, Vietnamese and Mandarin.
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