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changes in employment. Published data summarize these employment changes for each <br />county. Typically, the EDD provides at least a two -digit SIC code level of detail. The <br />EDD publishes these data, along with 5-year county employment projections. as part of its <br />Projections and Planning Information series. Reports are prepared for each CountN. and <br />often contain useful information regarding significant changes in local economic activities, <br />trends affecting regional and countywide employment, and wage and labor -force <br />information. Increasingly, EDD is making its data available via its on-line bulletin board <br />system and/or by floppy diskette. <br />Annual Reports from Local Publicly Traded Companies. The City may find it useful to <br />obtain and review annual reports published by local companies that are publicly traded. <br />particularly companies that have been targeted for retention or expansion. These reports <br />may contain useful information about industry trends, and the outlook for the company <br />within its industry. however, information specific to local operations may be limited. <br />Real Estate Brokerage Reports. Large regional real estate brokerages publish these <br />reports quarterly or annually. Typically, these reports review real estate market trends and <br />conditions and summarize significant developments within the region, with detailed <br />information at the sub -market level. Data are tracked separately for office, retail, and <br />industrial properties. This information, which includes asking rental rates, absorption data. <br />and ne\ construction data can be useful in evaluating the performance of the local real <br />estate market in comparison to the larger region. and often contains information about <br />significant new projects that will compete with local developments. <br />Regional and National Economic Development Organizations. Maintaining <br />membership in regional Vc- <br />and national'economic development organizations is an important <br />means of keeping up-to-date on economic trends. Organizations such as Alameda CountN <br />Economic Development Advisor% Board (EDAB), California Association for Local <br />Economic Development (CALED). National Center for Urban Economic Development <br />(CUED), and the Urban Land Institute (ULI) periodically commission studies of relevance <br />to their members. and also highlight studies completed b, others in their periodic <br />publications. These organizations are also good sources of information regarding best <br />practices in operating economic development programs. <br />City Business License Data. Cite business license data are a local source of information <br />that should be developed and utilized to the extent possible. Annual business license <br />renewal data can be used to track the growth or decline of sales for local businesses over <br />time. The Ciry should use these data as a method of screening local businesses for targeted <br />outreach in retention/expansion programs. By tracking businesses with increasing sales <br />over time. the Cite can anticipate expansion needs. and make contact with businesses at an <br />earl stage to make sure the Cit\ has every opportunity to help its successful businesses -ec <br />grox% locally, as opposed to relocating. B\ tracking businesses whose sales appear to be <br />81 <br />2 <br />8'V <br />