News from the Coachella Valley Economic Partnership
Palm Springs, CA: The Coachella Valley Economic Partnership (CVEP) has released its 2020 Economic Report for the Coachella Valley. Below is an excerpt from the opening remarks by Chair Randy Florence, as well as a link to the full report.
“One year ago, we all attended the annual Economic Summit at the Palm Springs Convention Center. We sat side by side, served ourselves breakfast from the same dishes and utensils, and enjoyed the attendance of many local high school students.
Our CEO, Joe Wallace, told us that, while the Coachella Valley continued to benefit from nationwide economic growth, there were issues on the horizon we needed to plan for. That we were underserving our youth in internet access and bandwidth. That our dependency on hospitality and tourism was going to be eventually impacted by (depending on your view) the rise or threat of artificial intelligence and automation. That we needed to figure out how to attract additional industry and higher-paying jobs in order to give our children every chance to learn, grow and find good-paying jobs and opportunity right here at home.
I am also taken by the final words from Joe at the end of his talk last year.
“United We Stand and Divided We Fall.”
One Year ago.”
View the entire report here: