Tuesday, June 17, 2014

Joint Venture Index of Silicon Valley 2014

The 2014 Silicon Valley Index brings with it some interesting statistics related to our region. Here are a few quick stats from this year's report:
  • Silicon Valley has added 46,665 new jobs (22,842 jobs were added in San Francisco). 
  • The region's total population grew by 1.31% (13,766 people) versus 0.88% average growth statewide.
  • Silicon Valley has 46.5% of all IPOs, 46.9% of Patents, and 47.6% of Venture Capital, and 54.6% of Angel Investment in California.
  • Consumption of electricity has declined for five years in a row (189 megawatts of solar capacity helps quite a bit here).
  • 45% of households are making over $100,000 a year.
  • 75% of commuters are solo drivers, not a dramatic difference from 78% in 2003.
  • Caltrain ridership has increased 26.4% from 2010 to 2013.
  • For the first time since 2008, Silicon Valley government achieved greater revenues than expenses.
Click here to read the entire report. You can also watch a video briefing below.


4 comments:

  1. Post and San Pedro tower will break ground with the next few months. The Silvery Towers will break ground by Dec.

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  2. This dude makes the oddest comments...

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  3. And his information has always been correct :) Whoever he is, his little nuggets of news always made my day, thanks GNB!

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  4. And like a gem, GNB's nuggets are once again proven correct :) Pan-Pacific Bank will be taking one floor of Riverpark II in October, with Xactly and Intacct to take 6 floors next year. FINALLY!!!!!

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