The Economic Snapshot™ is designed to be a one-page "overview" of our local economy, telling us where the economy has been quarter to quarter and year to year since our base year of 2007. The Index is based on 5 main components, all of which are seasonally adjusted and equally weighted. Each of these components has their own report developed, which can be accessed by clicking on each of the logos below.
Make sure to click on the Business Confidence Survey™ to see where the economy is going next, based on input from local business leaders in their corresponding cities. It is a multiple choice survey letting us know how local business leaders feel about the prospects of their own companies along with local, state, and national economies over the next 12 months. All responses are aggregated and a score between 0 and 100 is computed. A score over 50 indicates an overall optimism about the local economy.
View the 2021 Chico Economic and Business Climate Outlook PowerPoint presented by Mark Francis, President and CEO of Golden Valley Bank.