About the Profile

This Economic Profile, the eleventh in a series of Bay Area Economic Profile reports produced since 1997 by the Bay Area Council Economic Institute in partnership with McKinsey & Company, examines the region’s economic strength prior to the COVID-19 pandemic and provides recent data points that highlight the region's experience during the recession and recovery. As previous reports have done, it benchmarks the Bay Area’s performance against other knowledge-based economies to assess the region’s national and global competitiveness. It also examines the economic and policy challenges that are likely to confront the region even after the COVID-19 pandemic subsides.

This report was completed with support from:

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About the Institute

Since 1990, the Bay Area Council Economic Institute has been the leading think tank focused on the economic and policy issues facing the San Francisco/Silicon Valley Bay Area, one of the most dynamic regions in the United States and the world’s leading center for technology and innovation. A valued forum for stakeholder engagement and a respected source of information and fact-based analysis, the Institute is a trusted partner and adviser to both business leaders and government officials. Through its economic and policy research and its many partnerships, the Institute addresses major factors impacting the competitiveness, economic development and quality of life of the region and the state, including infrastructure, globalization, science and technology, and health policy.

 

It is guided by a Board of Advisors drawn from influential leaders in the corporate, academic, non-profit, and government sectors. The Institute is housed at and supported by the Bay Area Council, a public policy organization that includes hundreds of the region’s largest employers and is committed to keeping the Bay Area the world’s most competitive economy and best place to live. The Institute also supports and manages the Bay Area Science and Innovation Consortium (BASIC), a partnership of Northern California’s leading scientific research laboratories and thinkers.

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