New study highlights region's economic assets, challenges | October 21, 2011 | Pleasanton Weekly | |

Pleasanton Weekly

Opinion - October 21, 2011

New study highlights region's economic assets, challenges

A new study by the East Bay Economic Development Alliance shows that our local economy is increasingly dependent and driven by innovation. Thanks in large part to the presence of three national research laboratories (Lawrence Berkeley, Lawrence Livermore and Sandia) and UC Berkeley, the East Bay is more than three and a half times more concentrated in scientific research and development than other regions. Projected to grow at an average annual rate of 3% over the next eight years, the region's professional, scientific and technical service industries are certain to be significant accelerators of that growth.

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