City Profile - San Diego; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail

City Profile - San Diego; Comprehensive overview of the city, PEST analysis and analysis of key industries including technology, tourism and hospitality, construction and retail

Summary

“City Profile - San Diego” provides historical and forecast data on key city level metrics along with analytical coverage of the latest political, economic, social, technological, infrastructural, legal and environmental issues affecting San Diego.

The report contains detailed tourism, retail, construction, technology and public infrastructure data and insight into economic, social, and industry trends.

San Diego metropolitan area that covers Carlsbad and San Diego County, is one of the 382 metropolitan regions in the US. The San Diego metropolitan area’s economy is diversified driven by sectors such as seaport growth, technology, defense, healthcare, and tourism, contributing 1.2% to the U.S. GDP in 2023. Elevated inflation, rising living costs, and a mismatch between housing affordability and income have impacted growth in 2023, disproportionately affecting low-income households, especially among Hispanic and Black communities.

Scope

• The service sectors remain the key contributors to the San Diego’s local economy and the major employers with significant contribution from tourism sector. San Diego is a major tourist destination in the U.S., attracting both domestic and international visitors. In FY2023, the city's tourism industry played a vital role in the economy, generating $23.4 billion in regional impact and supporting over 200,000 jobs. This success is driven by robust promotional efforts from the San Diego Tourism Authority (SDTA).
• San Diego also experienced growth in construction activities in 2023, with a significant rise in housing permits and ongoing infrastructure projects aimed at improving regional connectivity and accessibility.

Reasons to Buy

• Gain a comprehensive knowledge of future economic and demographic trends and understand the performance of various sectors within the city.
• Analyze and understand the business environment in the city to align your investment and expansion strategies.
• The report helps to drive a conclusion in choosing a suitable city to invest or expand according to your business structure.
• Explore new opportunities in the hospitality, tourism, construction, real estate and retail sectors.