San Francisco Mid-Peninsula Industries with the most growth since The Great Recession
The economy of San Mateo County continues to grow as it employs more workers for it’s moderately sized location.
April 23, 2019
- In 2009, the economy began to slowly recover from the economic downturn. With San Mateo County’s continuous 3% growth each year, we began to see San Mateo County grow into it’s key industries: Professional Scientific Technology Services, Health Care and Retail.
- From 2009 to 2018, the larger Professional, Scientific & Tech industry sector grew 73% due to sectors such as Accounting (37%), Engineering (21%), Computer Systems Design (146%), and Employment services (47%).
- The larger Transportation, Warehousing & Utilities industry sector increased by 49.36% due to sectors like Transportation & Warehousing (59%) and Couriers & Messengers (75%). Due to high demand of e-commerce, we can expect this number to keep increasing.
- The economy of San Mateo County continues to grow as it employs more workers for it’s moderately sized location.
Source: JLL Research