Announcing the Inaugural CVEP Economic Development Week Award Winners

By |2021-05-17T16:18:17-07:00May 15th, 2021|Categories: Economic Development, News|Tags: , , , , |

The Coachella Valley Economic Partnership (CVEP) celebrated Economic Development Week from May 9-15, 2021. Adding to the celebration this year, CVEP's inaugural Economic Development Week Awards recognize local individuals, companies, and organizations for their significant contributions to economic development in the Greater Palm Springs region. The awards are destined to become a highlight of Economic [...]

The Coachella Valley: Our Own Unique Economy

By |2021-05-13T17:59:11-07:00May 13th, 2021|Categories: Data Digest, Economic Development, Innovation|Tags: , |

In an earlier blog, I discussed how the Coachella Valley is subsumed by the Riverside-San Bernardino-Ontario Metropolitan Statistical Area (MSA). Recently we teased the idea of succeeding and creating our own MSA, an idea that has been floating around the valley for quite some time. It turns out that MSAs must contain at least one [...]

Observations From the Road: What My 5-year Doctoral Journey has Taught Me About the Coachella Valley Economy

By |2021-05-11T22:32:48-07:00May 11th, 2021|Categories: Economic Development|Tags: , , , |

In the summer of 2016, I began my doctoral-level academic journey. My destination was to more deeply understand the Coachella Valley economy. I wanted to determine what ailed our region and identify the steps we could individually and collectively take to improve our economy. I thought I had an excellent grasp of our market. As [...]

Broadband Internet Availability in the Coachella Valley

By |2021-05-11T14:46:34-07:00May 11th, 2021|Categories: Business Development, Data Digest, Economic Development, Innovation|Tags: , , |

Advocating for fundamental infrastructure to support and enhance entrepreneurship is a primary function of regional economic development. Access to high-speed, broadband internet is increasingly becoming an essential infrastructure. As more and more commerce, communication, education, and business workflows become virtual and remote, reliable and fast internet service has never been more necessary. The disruptions of [...]

The Importance of Regional Economic Development for the Coachella Valley

By |2021-05-13T16:54:57-07:00May 11th, 2021|Categories: Data Digest, Economic Development|Tags: , , , |

This week we celebrate Economic Development Week. Since 2016, the International Economic Development Council (IEDC) has emphasized the importance of economic development during a week in May: this year, from May 9-15. The ideals celebrated this week - of economic development standing at the core of well-being and quality of life - are embodied at [...]

Unemployment in the Coachella Valley

By |2021-04-19T15:15:36-07:00March 8th, 2021|Categories: Coronavirus, Data Digest, Economic Development, Jobs|Tags: , , , , , , , , , , , |

Before COVID-19 wreaked havoc on the nation’s economy, the official unemployment rate was 3.5%. As of Friday, March 5, the official rate now stands at 6.2%. Since last April, the nation has lost 9.5 million jobs, more jobs lost than during the Great Recession. But the official unemployment rate only represents the number of people [...]

CVEP Wins Prestigious IEDC Excellence in Economic Development Award

By |2020-10-27T13:21:54-07:00October 26th, 2020|Categories: Economic Development, News|Tags: , , , |

Coachella Valley Economic Partnership (CVEP) won a Silver category award for its CVEP Investor Package, a project in the General Purpose Print Promotion category of the International Economic Development Council’s 2020 Excellence in Economic Development Awards Program. The honor was presented at an awards ceremony during the 2020 IEDC Annual Conference. “Creating an Investor Package [...]

Business Shutdowns Present Perils for Greater Palm Springs

By |2020-10-19T12:55:51-07:00October 19th, 2020|Categories: Coronavirus, Economic Development, Jobs, News|Tags: , , , , , , , , |

Economically, the Coachella Valley has been reeling since the cancellation of several of the region’s biggest events in the spring of 2020. At the time, the fear was that the region’s small businesses would experience greatly reduced sales during the busy spring event season, thereby rolling into the slower summer months with less cushion to [...]

Back to Basics for Controlling Coronavirus in Coachella Valley

By |2020-07-01T18:20:37-07:00July 1st, 2020|Categories: Coronavirus, Economic Development, Jobs, News|Tags: , , , |

As economic developers, of course we want to see Coachella Valley businesses open. But in order for our economy to really function, we've got to prioritize the protection of public health. That's because businesses need customers, and customers need to 1) feel safe and 2) be healthy enough to participate in economic activity. Just this [...]

Help Our Recovery. Get Tested.

By |2020-06-25T15:57:12-07:00May 21st, 2020|Categories: Coronavirus, Economic Development, Jobs, News|Tags: , , , , , |

An overwhelming number of the businesses we’ve talked to are eager to re-open. Despite some of the negative labels being hurled about, these people aren’t all denying science, nor are they all putting profit over health. These are entrepreneurs, independent contractors, and small business owners who have spent lifetimes building their businesses, brands, or skills. [...]

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