The Central Coast Economic Forecast Project operated for 17 years as the UCSB Economic Forecast Project, an effort sponsored by the University of California at Santa Barbara. When UCSB announced in summer 2010 that it was retooling the program to focus solely on Santa Barbara County, the board of directors for the SLO County arm of the project elected to create an independent organization and proceed with the project. The result is the Central Coast Economic Forecast. The all-volunteer effort has two primary charges: to raise funds needed to support the cost of economic data gathering and analysis, and to produce the annual economic forecast event.
The event brings together hundreds of community and business leaders to hear experts discuss the Central Coast economy and offer performance projections for the upcoming year. The annual event is a prestigious, highly regarded seminar that has consistently delivered powerful programs and helped shape the community’s focus on the local economy.
The Central Coast Economic Forecast Board of Directors has retained the services of the renowned Beacon Economics organization to provide data analysis and seminar presentation. A summary report detailing the data is provided to event attendees and program sponsors.
The Central Coast Economic Forecast is guided by a volunteer board of directors whose members represent the different geographic areas of the county as well as its various economic sectors.