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Economic
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NEWS
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Only Kern Gains Manufacturing Jobs
July 30, 2010
Excerpted from Business First
Kern County was the only large labor market in the nation to gain manufacturing jobs during the past ten years. According to an analysis released today, Kern gained 1,900 manufacturing positions between June 2000 and June 2010. All other large labor markets saw a decline.
Kern's Export Growth Higher than U.S. Average
July 26, 2010
Kern County's growth in exports is much higher than the national average, according to a report released today by the Brookings Institution.
Kern Tops in Valley Apartment Rentals
July 22, 2010
Excerpted from Central Valley Business Times
Kern County's apartment occupancy rate for the second quarter of 2010 was the highest in the Central Valley, according to figures from RealFacts, a Novato-based real estate information company.
Bakersfield Parking Rates Remain Low
July 15, 2010
Bakersfield's median monthly downtown parking rates remain among the nation's lowest, according to an annual survey released today.
Bakersfield Office Vacancies Still Among Lowest in U.S.
July 2, 2010
Bakersfield continues to have some of the lowest office vacancy rates in the nation, according to Colliers International. For the first quarter of 2010, the office vacancy rate for the suburban Bakersfield market was 10.3%, the lowest in the nation. The national average was 17.11%.
Kern 10 Yr. Job Growth Among Highest
June 30, 2010
Excerpted from Business First
Among the nation's 100 largest metro areas, Kern County had the second highest rate of private sector job growth over the past ten years, according to data released today by the U.S. Bureau of Labor Statistics.
Bakersfield Now 59th Largest U.S. City
June 22, 2010
Bakersfield is the nation's 59th largest city, according to population estimates released today by the U.S. Census Bureau. Previously, Bakersfield ranked 57th.
Bakersfield #19 on Cookout Capitals List
May 20, 2010
Bakersfield is the nation's 19th best "Cookout Capital," making it one of the most ideal grilling locations, according to propane tank exchange provider Blue Rhino.
Kern's Economic Strength Continues to Improve
May 18, 2010
Kern County's economic strength continues to improve, according to a study released May 13.
Bakersfield Population Up 1.5%
April 30, 2010
The City of Bakersfield's 2010 population increased 1.5% over 2009, according to estimates released Thursday by the California Department of Finance's Demographic Research Unit.
Kern Personal Income Shows Growth
April 22, 2010
Among California’s 58 counties, Kern County had the seventh strongest growth rate in total personal income between 2007 and 2008, according to the U.S. Bureau of Economic Analysis. The BEA issued its 2008 income report today, providing breakdowns for 3,109 counties from Maine to Hawaii.
Kern Housing 3rd Most Affordable in California
April 20, 2010
Kern County is the third most affordable housing market in California, according to a study released today.
Bakersfield Car Buyers Warming Up to Hybrids
April 19, 2010
Bakersfield car buyers are showing more interest in purchasing hybrid vehicles, according to Cars.com's third-annual Green Cities Index.
Kern 2nd Lowest Cost of Doing Business in CA
April 14, 2010
Kern County has the second lowest cost of doing business among major California metro areas, according to a report released today by Forbes.com.
Bakersfield Among Least Expensive Cities for Business Travelers
April 6, 2010
Bakersfield is one of the most inexpensive destinations for business travelers among 100 U.S. cities, according to a March 29 report in Business Travel News
Bakersfield Among Top Green Appliance Markets
March 24, 2010
The Bakersfield area is one of the top markets for households with energy saving, or "green," appliances.
Kern Now 63rd Largest Metro
March 23, 2010
Kern County is the nation's 63rd most populous metro area, based upon Census Bureau estimates released today.
Bakersfield Solar Energy Project Unveiled
March 22, 2010
Chevron Corporation today announced the start of Project Brightfield, a demonstration of next-generation solar energy technologies in Bakersfield.
Kern No. 2 in 10 Year Job Growth
March 19, 2010
Kern County ranked No. 2 in private sector job growth over the last ten years among the nation's 100 largest labor markets, according to data released today by the Bureau of Labor Statistics.
Kern 4th Best California Market for Young Adults
March 16, 2010
Kern County ranks fourth among the largest California metros as the Best Markets for Young Adults, according to Portfolio.com.
Kern Oil Find Among Largest in Three Decades
March 15, 2010
The Kern County oil discovery announced last year by Occidental Petroleum may be "the biggest onshore oil discovery the U.S. has seen in three decades," according to the March 29 issue of Forbes Magazine.
Kern Among Top Paying Markets for Some Financial Jobs
March 9, 2010
Salaries for five financial and business occupations in Kern County rank among the top 10% of those paid in the nation's largest labor markets, according to the US Bureau of Labor Statistics.
Kern Tops in CA Job Growth
February 5, 2010
Kern County had the largest rate of five-year job growth among major California labor markets, according to an analysis released today. Kern also had one of the largest rates of job growth in the nation.
Bakersfield 57th Most Populous US City
January 26, 2010
Bakersfield is now the nation’s 57th most populous city, according to the US Census Bureau. Previously, Bakersfield was 58th largest.
Bakersfield No. 2 in College Grad Income Rise
December 18, 2009
Incomes for college graduates in the Bakersfield area have increased more than any other major metro area in the nation, except El Paso, Texas. That is the finding of Forbes.com.
Bakersfield Top CA City in Renter Satisfaction
December 14, 2009
Renters in Bakersfield are more satisfied than renters in any other city in California, according to a survey released December 8.
Kern 62nd Largest Metro in US
November 30, 2009
Kern County is the nation's 62nd largest metropolitan area.
Bakersfield Housing Affordability Remains Steady
November 24, 2009
At the end of September, the affordability of housing in the Bakersfield metropolitan statistical area -- which includes all of Kern County -- dipped slightly from the previous quarter, but not by much.
Kern Best Performing Area in CA
November 12, 2009
Kern County is the top ranked California metro when it comes to creating and sustaining jobs and economic growth, according to a study by the Milken Institute released yesterday.
Kern Population Among Most Mobile
November 4, 2009
Kern County's population is more mobile than most other large metro areas in the nation, according to Census Bureau data released recently.
Bakersfield Office Vacancies Still Among Lowest in US
October 26, 2009
Bakersfield's office vacancies remain among the lowest in the nation, according to figures released today by Colliers International.
Kern's Job Outlook Best in CA
October 19, 2009
The job outlook for Kern County is better than for other large labor markets in California.
Kern 77th Largest Economy in U.S.
September 25, 2009
Kern County is the nation's 77th largest economy, based upon a report from the U.S. Bureau of Economic Analysis released yesterday.
Bakersfield Among Top-Rated Real Estate Investment Markets
August 11, 2009
Bakersfield is No. 2 among California and Florida markets most likely to yield above-average investment returns on residential real estate over the next ten years, according to an analysis released today.
Kern Manufacturing Jobs Up Since 2004
August 5, 2009
Kern County is one of only seven of the nation's 100 largest labor markets to gain manufacturing jobs since 2004, according to an analysis released today.
Kern Loses Fewer Jobs
July 29, 2009
Kern County had the fewest job losses among the largest California labor markets, according to a report issued today by the U.S. Bureau of Labor Statistics. Learn more…
Bakersfield Among California Top Ten Solar Cities
July 14, 2009
Bakersfield ranks No. 6 among California cities in the number of solar roofs, according to a July 7 report.
Bakersfield Drivers Ranked 2nd in CA
July 9, 2009
Bakersfield drivers are the second safest in California, according to a report released July 8.
Bakersfield Among Fastest Growing Cities
July 2, 2009
Bakersfield was among the nation's 25 fastest growing cities between 2000 and 2008, according to estimates released yesterday by the U.S. Census Bureau.
Bakersfield Again Has Lowest Parking Rates
June 29, 2009
Bakersfield again has the lowest monthly parking rates in the nation, according to Colliers International.
Kern Ranked Among High-Tech Regions
June 4, 2009
A report released this week shows how Kern County ranks among other North American regions in their ability to grow and sustain thriving high-tech industries.
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