Introduction
The San Francisco Chamber of Commerce's Data Dashboard highlights key indicators of the City’s economy for elected officials, companies, and new industries, tracking the economic recovery and showcasing both successes and areas for improvement.
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Source: Kastle
Source: JLL
JLL
Office | Inventory (s.f.) | Total vacancy (%) | YTD Completions (s.f.) | Under Development (s.f.) |
---|---|---|---|---|
SF Total | 86,447,463 | 28.3% | 0 | 49,958 |
Class A | 61,699,903 | 27% | 0 | 49,958 |
Class B | 22,698,271 | 31.5% | 0 | 0 |
Class C | 2,049,289 | 34% | 0 | 0 |
Source: JLL
Source: MTC, Goldengate.org
Source: OpenTable
Market | Q1 2023 VC Fundingâ–¼ | |
---|---|---|
1 | Bay Area | $37,828,754,479 |
2 | New York | $16,438,702,366 |
3 | Tennessee | $9,320,232,224 |
4 | Washington DC | $7,613,861,783 |
5 | Boston | $7,540,075,526 |
6 | Los Angeles | $6,922,139,113 |
7 | Dallas - Fort Worth | $5,394,252,356 |
8 | Chicago | $3,061,087,512 |
9 | Denver | $2,590,456,556 |
10 | Northern Nevada | $2,436,457,976 |
11 | Miami - West Palm Beach | $2,405,140,715 |
12 | Atlanta | $2,282,606,802 |
13 | Austin | $1,997,663,850 |
14 | San Diego | $1,817,338,902 |
15 | Houston | $1,757,572,986 |
16 | Seattle - Tacoma | $1,612,726,133 |
17 | Nashville | $1,093,690,947 |
18 | Missouri | $1,081,535,446 |
19 | Portland | $1,026,311,493 |
20 | Pennsylvania | $959,965,335 |
21 | Massachusetts | $934,501,720 |
Source: JLL
Company Name | Total Raised in 2023 YTD |
---|---|
OpenAI | $10,300,000,000 |
Stripe | $6,500,000,000 |
Inflection AI | $1,300,000,000 |
Anthropic | $1,050,000,000 |
Generate Capital | $923,779,407 |
Eolian | $515,000,000 |
SandboxAQ | $500,000,000 |
Rippling | $500,000,000 |
Netskope | $401,000,000 |
Cellink | $362,000,000 |
Adept AI | $350,000,000 |
Zipline | $330,000,000 |
Pristine Sun | $250,000,000 |
Skydio | $230,000,000 |
HeartFlow | $215,000,000 |
CARGO Therapeutics | $200,000,000 |
Astranis | $200,000,000 |
KoBold Metals | $195,000,000 |
Demandbase | $175,000,000 |
Typeface | $165,000,000 |
Source: JLL
New businesses are continuing to form across San Francisco. If you are interested in starting a small business in San Francisco, check out this guide.
Source: DataSF
Source: Bureau of Labor Statistics
In 1969, the state of California mandated that all local governments plan for the housing needs of their residents. San Francisco’s regional planning agency provides capacity updates every eight years, and currently San Francisco needs to build 82,000 units between 2023 and 2031, 46,000 of which need to be affordable to low- and moderate-income residents.
Source: JLL
Tourism remains a key to San Francisco’s economy. Visitors from around the world fuel economic activity and are a key indicator of the City’s economic recovery. San Francisco International Airport Ranked #1 on Wall Street Journal’s 2022 Airport Rankings.
Source: JLL
Industry | 2022 Jobs | 2021 Average Earnings Per Worker | 2022 LQ (Industry Concentration) | 2017-2022 % Change in Jobs | 2022 GRP |
---|---|---|---|---|---|
Professional, Scientific, and Technical Services | 462,783 | $179,728 | 1.86 | 7.26% | 101125.79M |
Health Care and Social Assistance | 372,908 | $88,584 | 0.99 | 8.2% | 40234.36M |
Government | 325,097 | $135,545 | 0.84 | -2.71% | 52535.28M |
Retail Trade | 228,366 | $62,296 | 0.74 | -8.88% | 24843.8M |
Accommodation and Food Services | 222,427 | $67,182 | 0.93 | -11.33% | 16736.35M |
Other Services (except Public Administration) | 209,704 | $43,447 | 1.14 | -7.57% | 10832.43M |
Finance and Insurance | 201,874 | $241,234 | 1.03 | 10.36% | 69005.06M |
Administrative and Support and Waste Management and Remediation Services | 181,560 | $73,458 | 0.87 | -2.98% | 23176.2M |
Real Estate and Rental and Leasing | 177,559 | $72,855 | 1.05 | 2.79% | 22268.79M |
Transportation and Warehousing | 170,903 | $81,483 | 0.94 | 16.6% | 16512.42M |
Manufacturing | 164,657 | $160,854 | 0.76 | 9.07% | 69332.8M |
Construction | 164,545 | $100,469 | 0.85 | 4.27% | 21089.33M |
Information | 163,932 | $387,548 | 2.75 | 35.89% | 138879.04M |
Arts, Entertainment, and Recreation | 85,969 | $41,167 | 1.19 | -11.28% | 5536.54M |
Educational Services | 78,095 | $59,911 | 1.03 | -12.42% | 5528.05M |
Wholesale Trade | 73,716 | $125,371 | 0.7 | -17.68% | 25056.89M |
Management of Companies and Enterprises | 53,989 | $206,327 | 1.14 | -10.85% | 12351.4M |
Utilities | 12,709 | $222,786 | 1.29 | 4.77% | 11743.08M |
Agriculture, Forestry, Fishing and Hunting | 6,903 | $61,633 | 0.12 | 7.63% | 754.9M |
Mining, Quarrying, and Oil and Gas Extraction | 1,947 | $51,264 | 0.13 | -46.46% | 609.25M |
Source: LIghtcast
Industry Sector (2-Digit) | Latest 30 Days Unique Postings | Latest 30 Days Unique Postings % Change |
---|---|---|
Unclassified Industry | 30,764 | 22.79% |
Health Care and Social Assistance | 17,169 | 20.76% |
Professional, Scientific, and Technical Services | 15,463 | 18.32% |
Administrative and Support and Waste Management and Remediation Services | 14,956 | 29.15% |
Retail Trade | 8,861 | 17.73% |
Manufacturing | 8,365 | 14.98% |
Educational Services | 8,028 | 24.99% |
Accommodation and Food Services | 5,785 | 18.01% |
Finance and Insurance | 5,054 | 10.13% |
Information | 4,610 | 17.53% |
Wholesale Trade | 3,244 | 18.71% |
Other Services (except Public Administration) | 2,455 | 15.89% |
Construction | 2,443 | 20.34% |
Real Estate and Rental and Leasing | 2,175 | 12.97% |
Transportation and Warehousing | 2,119 | 24.54% |
Public Administration | 1,730 | 25.66% |
Arts, Entertainment, and Recreation | 1,046 | 14.72% |
Utilities | 698 | 20.92% |
Management of Companies and Enterprises | 311 | 14.79% |
Mining, Quarrying, and Oil and Gas Extraction | 206 | 22.33% |
Agriculture, Forestry, Fishing and Hunting | 195 | 21.54% |
Source: Lightcast
Source: Lightcast