Community Resilience in the Coachella Valley

By |2022-08-09T21:07:27-07:00August 9th, 2022|Categories: Data Digest|Tags: , , , , |

Disasters disproportionately affect individuals and households. As we have learned over these past 2 plus years, the adverse effects of COVID-19 correlate with particular individual and household attributes. Fires, heatwaves, flooding, and the like affect populations differently. The US Census launched the Community Resilience Estimates to track communities typically at-risk during disasters. Today’s Data Digest [...]

COVID Case Rates: Last Year’s Economic Summit compared to this year’s

By |2021-11-03T07:31:48-07:00November 3rd, 2021|Categories: Data Digest|Tags: , |

This time of year is bustling at CVEP as we prepare for our annual Summit. Last year, as we entered our 8th month of COVID lockdowns, we had to switch gears and host a virtual summit. Back then we never would have believed that a new variant - Delta, would emerge and return us to [...]

Taxable Sales in the Coachella Valley

By |2021-08-10T16:37:11-07:00August 10th, 2021|Categories: Coronavirus, Data Digest|Tags: , , |

Soon we will be in the midst of our annual snowbird season. How could we have imagined, even a few months ago, that COVID would affect a second tourist season in the valley?  The rapid rise of the COVID delta variant has regrettably forestalled our anticipated recovery. With so much changing so quickly, it is [...]

Coachella Valley Home Prices on the Rise

By |2021-04-19T15:15:27-07:00April 9th, 2021|Categories: Coronavirus, Data Digest, News|Tags: , , , , , , |

A couple of years ago I was honored to represent CVEP as a speaker at the quarterly Market Watch Seminar series sponsored by Palm Springs Life.  This seminar series presents a thorough examination of the residential real estate market. I would encourage readers to attend.  Even if you are not a realtor, you will learn [...]

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 [...]

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. [...]

The PPP Application Process, Explained

By |2020-04-14T15:46:35-07:00April 14th, 2020|Categories: Coronavirus, Jobs, News|Tags: , , |

CVEP is one of the founding partners of the Coachella Valley Economic Recovery Team (CVERT). But before our Valley can recover, CVERT members are assisting businesses with the more immediate task of staying afloat. Each founding partner seeks to help in unique ways. One of the actions CVEP is currently taking is assisting businesses with [...]

SBA Economic Injury Disaster Loans For Coachella Valley Businesses

By |2020-03-26T21:43:04-07:00March 26th, 2020|Categories: Coronavirus, News|Tags: , , , , |

As COVID-19 continues to spread, the need for governmental assistance in the Coachella Valley grows. At the time of this writing, the resources available to help businesses survive this challenging time are just beginning to roll out. Among the currently best-defined programs is the Economic Injury Disaster Loan program through the U.S. Small Business Administration. [...]

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