Greater Sacramento COVID-19 Update
May 29, 2020
Good Afternoon,

This week, in partnership with the Sacramento Metro Chamber, SACOG, Sacramento Asian Pacific Chamber of Commerce and Valley Vision we officially launched the regional Prosperity Strategy which arose after a Brookings report indicated several weaknesses in our regional economy. It is a critical time for this strategy to be implemented and will help lead our economic recovery. I'm proud to say that hundreds took part in the webinar to learn more about our path forward - which will rely heavily on retraining our workforce with digital skills.

GSEC also hosted an informative Champions Program that more than 175 people took part in to understand how they can be economic stewards in their community.

Finally, GSEC leadership has sent a letter to Governor Newsom asking him to scrap SB 939 – which will undermine the real estate and banking systems, destabilize the market and threaten economic recovery. It is imperative that we limit additional regulation during the biggest economic downfall since the Great Depression. If you would like to voice your opposition to the bill, please reach out to your state senator.

Thank you,
Barry
The Download featuring Shon Harris

In the latest episode of The Download, Yuba City Mayor Shon Harris discusses the strengths of his city including its diversity, massive agriculture industry and steps towards economic growth. Watch the interview here and hear why it's important for him to be a member of our Board of Directors here.
In the news
Helping the underserved go digital is key to new economic development strategy

The Business Journal interviewed Barry about the launch of the region’s new economic development strategy, The Prosperity Strategy. Read the article here and learn more about the strategy here.
GSEC leadership says SB 939 could destabilize market conditions

GSEC leadership opposes SB 939 for its potential to erode business confidence in California and undermine the tax base. The organization has written a letter to the Governor and California State Senators, urging them to scrap the bill that they say will cause severe economic harm to the California economy and impair recovery.

Economic impacts and projections updates
Updated Report: U.S. economic forecast

Today’s report includes updates on national and statewide unemployment.

Announcements
Today Governor Newsom announced that California counties will be able to decide when they reopen their local economies. Learn more »
Programs
GSEC programs

RECORDINGS
Sacramento County Champions program :  Watch the recording| Download the slides
Prosperity Strategy Webinar :  Watch the recording| Learn more

Related programs


Startup Sales Planning: Gaining Traction and Growth through Sales
Host: Sacramento State Carlsen Center for Innovation and Entrepreneurship
Date: June 2, 11 a.m.

Starting Down the Path of Recovery
Host: City of Sacramento
Date: June 3, 2 p.m.

2020 Shelter from the Storm
Host: Volunteers of America – Northern California and Northern Nevada
Date: June 4, 8 a.m.

Virtual Entrepreneurship Toolkit Series
Host: Sacramento State Carlsen Center for Innovation and Entrepreneurship
Date: Ongoing

Insperity Business Resiliency Series, Session 7: The Latest on Loan Forgiveness
Host: Insperity

COVID-19: Your Restaurant is Open, What's Next?
Host: City of Sacramento

Life After COVID-19: Re-Engaging Your Workforce & New Regulations to Consider as an Employer
Host: City of Sacramento
Featured commercial real estate property
Natomas Crossing

35.5 acres of freeway-adjacent land slated for ±625,000 square feet of office development in Natomas, Sacramento

COVID-19 resources
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