San Francisco
Small Business Optimism Drops for Second Straight Month as Capex and Hiring Weaken
Sales and earnings gains offer a counterweight, but labor market softness and sticky inflation cloud the outlook for small firms nationwide Small business...
BRIDGE Housing Surpasses $92MM at First Close of Impact Fund I to Preserve West Coast Affordable Housing
The nonprofit developer’s inaugural equity fund draws six institutional investors and positions BRIDGE to acquire approximately 3,500 units across California, Oregon, and Washington....
Existing Home Sales Post Modest February Rebound but Affordability Headwinds Persist
A pickup in single-family resales drove the monthly gain, though condo sales contracted for a second straight month and mortgage application data signals...
U.S. Consumer Spending Held Firm in January Despite Headline Retail Dip
Underlying U.S. consumer spending started 2026 on steadier ground than a top-line retail sales decline suggests, though early February data point to a...
U.S. Payrolls Contract by 92,000 in February as Labor Market Stumbles, Fed Outlook Dims
Wells Fargo Economics says one-off factors only partially explain the unexpected decline, with the Iran conflict adding new complexity to an already uncertain...
California Commercial Real Estate Enters 2026 With Stabilizing Fundamentals and Selective Momentum
The latest Allen Matkins/UCLA Anderson Forecast survey finds industrial and multifamily sectors outperforming while office recovery remains slow and uneven across the state’s...
Wells Fargo Forecasts Modest Housing Recovery in 2026, but Affordability Remains at Historic Lows
A new Wells Fargo Economics report projects incremental gains in home sales and price appreciation, even as the national home price-to-income ratio remains...
California’s Factory-Built Housing Sector Needs Policy Overhaul to Unlock Scale, Terner Center Report Finds
A new UC Berkeley study outlines more than 40 policy levers that could help industrialized construction reach the scale needed to meaningfully reduce...
California Secures $18.4MM in Federal Transit Funding Ahead of FIFA World Cup 2026
LA Metro and VTA to lead transit preparations at SoFi Stadium and Levi’s Stadium as state seeks additional resources to close operational funding...
U.S. Manufacturing Holds Expansion Streak as Prices Paid Surge on Steel, Aluminum, and Tariff Pressures
The ISM manufacturing index posted back-to-back expansionary readings for only the second time since 2022 U.S. manufacturing activity remained in expansion territory for...
Wells Fargo Forecasts Sharp February Payroll Slowdown as January Jobs Surge Fades
The blockbuster January jobs number was likely a mirage, per the assessment of economists at Wells Fargo Economics, who are projecting nonfarm payroll...
Construction Spending Finds Footing at End of 2025, Headwinds Loom for 2026
Residential gains and data center investment helped stabilize total outlays in December, even as nonresidential categories weakened and building cost inflation accelerated to...
