On May 11th from 7 a.m. to 10:00 a.m. at CSU San Marcos the San Diego North Economic Development Council (SDNEDC) will host the 9th annual North County Economic Summit with the generous help of our presenting sponsor, Wells Fargo. For nine years SDNEDC has been convening over 400 leaders from throughout North County to hear insights about how national and international economic trends will impact North County.
This could be one of the most consequential summits in SDNEDC’s history. Inflation has become a much more central factor in the economy and interest rates hikes could put an end to nearly two decades worth of accommodative fiscal policy. Housing prices in North County have risen to unprecedented levels. The great “reset” has dramatically disrupted labor force dynamics with technical talent being in extremely short supply and wages increasing as companies compete for skilled workers. How these and other trends will play out in 2022 and 2023 could have a dramatic impact on both private and public sector entities in North County.
This year’s keynote speaker is Mark Vitner, Managing Director & Senior Economist from Wells Fargo, who will provide a national and state forecast. New this year will a subsequent set of rapid “TED”-like talks about three aspects of North County’s economy significantly changed by COVID19. Bob Rauch, CEO of RAR Hospitality and a hotel owner in North County, will kick things off with his views of how North County multi-billion dollar tourism industry will fare in 2022. Next will be Mark Stuart, CEO of the San Diego Foundation, discussing how the non-profit sector is fairing in a post-COVID world. Finally, Josh Williams, SDNEDC’s senior advisor and President of BW Research, will discuss how the world of work and labor force dynamics look in a post-pandemic world.
As in past years, we also will be distributing the hard copy version of the North County Indicators Report. This year we have changed the publication to make it more reference friendly, providing attendees with a resource to quickly find key data points about North County.
We are at more than 75% capacity. If you would like to attend one of the biggest networking events in North County, please register here. We also have three more tables (of 10) available and if interested in one of those please call Ally Harano at 760-510-5919 ASAP.
Register here and learn more about the economic forecast from four speakers.
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