'The industry source for business, community, economic, workforce training, redevelopment and site selection professionals' UPDATED DAILY
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NOTE: To view the current Minute, look to the Main Menu, (orange colored bar) above. Then go to the 3rdQtr10, place cursor there and wait for drop down menu then place cursor over it, then click to view.
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CALIFORNIA UNEMPLOYMENT Unchanged for State, However Nearly 80% of Counties See Increase See 08-20-10 Minute for Details
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CALIFORNIA: OPTIMISM REIGNS Indices illustrating Upswing in State
Three major indices measuring confidence across the state have shown consecutive growth. Recent releases of the California Consumer Confidence Index by Chapman University, coupled with the California Economic Activity Index by Comerica Bank and the Southern California Consumer Confidence Index by Cal State Fullerton all point to an upswing. See details on each at Regions under Economic Overview in the Main Menu (orange colored bar) or at 09-01-10 Minute.
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| FOOTBALL SEASON RETURNS, IMPACTED BY DOWNTURN IN THE ECONOMY Chargers, 49ers and Raiders Prepare for Opener
The average team value of an NFL franchise has dropped for the first time in 12 years, according to Forbes magazine’s annual review. The average worth of NFL teams fell 2% to $1.02 billion in 2010 from $1.04 billion last year. That's the first drop since the magazine began tracking team values in 1998.
The Dallas Cowboys rank as the NFL most valuable at $1.8 billion. Rounding out the Top 5 are: the Washington Redskins ($1.55 billion); New England Patriots ($1.37 billion); New York Giants ($1.18 billion); and Houston Texans ($1.17 billion). The least valuable are the Jacksonville Jaguars ($725 million); Buffalo Bills ($799 million); St. Louis Rams ($779 million); Minnesota Vikings ($774 million); and Raiders ($758 million).
San Francisco 49ers were ranked 22nd at $925 million, San Diego Chargers were ranked 24th valued at $907 million and the Oakland Raiders were ranked 31st valued at $758 million The study can be found at www.forbes.com/nfl.
See Minutes on the business of football during the month of September.
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| USC ANNOUNCES MAJOR DEVELOPMENT $900 Million Mixed Use Project North of Campus
USC has announced plans for the redevelopment of a 35 acre shopping center site with plans for a retail, cinema, hotel project. The proposal estimated at $900 million dollar project includes, dorms for 5,000 students, 2,000 car garage and faculty office complex. The project awaits city reviews and permits.
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TUOLUMNE COUNTY PICKS PROPOSAL Reuse of Jamestown Gold Mine
After soliciting a 100 firms, Toulumne County has selected a proposal from the two they received for uses of the 670 acre Jamestown Mine site. 300 acres of the mine site is owned by the county, and the remaining 370 acres are owned by two private citizens. The application allows for a cooperative approval process so that the county's land and the private land can be used for a single project. The site was an open pit gold mine.
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| RAISING THE REPUBLIC A feature, illustrating opportunities and positive solutions by local and state elected leaders in sustaining and growing the California economy.
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California Business Lament by State Assembly Member Curt Hagman
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CAEO CORNER A Monthly Feature - See Previous Articles at CA Insights
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APPEARING SOON
'HIGH PERFORMING' PERFORMING ARTS Dr. JAMES McCORMICK, CEO, Sacramento Choral Society and Orchestra
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PRACTITIONER'S PERSPECTIVE A Bi-Monthly Feature, See CA Insights for Previous Articles
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AT THE FOREFRONT OF AMERICA'S AEROSPACE INDUSTRY Leading economic development during the 'Great Recession' Mel Layne Greater Antelope Valley Economic Alliance
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Commentary, Insight & Perspective Now at the CalBizBlog
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| SCREW THE PAC 10/12 It's Time for the Golden State 8 + SMALL BUSINESS SURVEY A Double Dip Recession? + THE IMPORTANCE OF ENTERPRISE ZONES Guest Commentary by Craig Johnson + LEAVING CALIFORNIA: A Sad Commentary + A PERMIT BLUNDER: Schwarzenegger's Case Study + BUSINESS RETENTION IN CALIFORNIA 'Believe It Or Not'
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Inside California's Economy
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