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Filtered by Category: Silicon Valley

July 27, 2022

1st Quarter 2022 Sales Tax Data Released

By Brittney Sherman

Here are a few key takeaways from Morgan Hill's 1st Quarter 2022 sales tax numbers:

-Santa Clara County sales tax collections grew 14% and Morgan Hill collections grew 8.4%, as compared to this same quarter last year.

-Receipts from local Morgan Hill brick and mortar purchases rose 9.3% compared to 2021, supporting the continued trend of buying locally.

Sales tax collected from service stations rose 52% compared to 2021, as a result of increased gas prices and the continued return of commuter travel.

Casual dining and quick-service restaurants continued their upward trend, marking the 4th full quarter in a row where restaurant receipts have increased.

Read the full report from HdL HERE.

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

June 27, 2022

SVEDA Members Tour Downtown Morgan Hill

Economic Development Directors from 9 Bay Area Cities met in Morgan Hill on June 23 for a walking tour of the Downtown District. The docent-style tour, led by City of Morgan Hill Economic Development Director Matt Mahood and Assistant City Manager Edith Ramirez, provided an overview of recently opened businesses, current and future developments, and community and art activations. Representatives from Live+Love+Leal, Alara Cellars and the Running Shop and Hops greeted attendees and gave a business overview.

The Silicon Valley Economic Development Alliance, an initiative of Joint Venture Silicon Valley, is comprised of cities and counties focused on achieving individual and regional economic development goals while maximizing scarce resources. Silicon Valley EDA is committed to addressing business needs, whether through local government policy and streamlined permitting processes, or linking businesses to local and regional resources that add value to company innovation and growth. Learn more about SVEDA HERE

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

February 18, 2022

2022 State of the Valley

By Brittney Sherman

Since 1995, Joint Venture Silicon Valley has published the Silicon Valley Index, a nationally recognized publication that tells the story of Silicon Valley. The Index indicators measure the strength of our economy and the health of our community, highlighting challenges and providing a data-rich foundation for decision making.

The State of the Valley is an old-fashioned “town hall” meeting. This year’s State of the Valley was held at Stanford University and included a briefing of the Index by Russell Hancock, a panel discussion with Michele Lew from The Health Trust and Jim Wunderman from Bay Area Council, and a keynote presentation from the Washington Post’s Eugene Robinson. Performances by the Stanford Taiko, Stanford Talisman and a poetry reading by Santa Clara County Poet Laureate Tshaka Campbell, highlighted the spirit of togetherness.

The City of Morgan Hill was honored to attend and be a part of the 2022 State of the Valley. Get your copy of the 2022 Silicon Valley Index (jointventure.org) HERE

Have questions? Contact City of Morgan Hill Economic Development Director Matt Mahood at Matt.Mahood@morganhill.ca.gov

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