SCVEDC Economic Outlook promises good news

By | 2018-03-05T11:00:52+00:00 March 5th, 2018|

The venue will be new. The message won’t.

When hundreds of business leaders across the Santa Clarita Valley gather March 8 for the SCVEDC’s annual Economic Outlook, they’ll hear a resoundingly positive central theme – just as they did last year – about the current and future business landscape in Los Angeles County’s third-largest city.

“We see nothing out there (to impede business growth). It’s crystal clear,” said Dr. Mark Schniepp, director of the California Economic Forecast who will return as one of the event’s featured speakers. “I’d say 2018 is going to be another good growth year – maybe even better than 2017.”

Robert Tucker of Innovation Resource Consulting Group, a global research and executive development firm with clients in 48 countries; Scott Williams, a writer and producer who is best known for his work on NCIS, which has been on the air and filming in the SCV since 2003; and Dr. Mark Vitner, a Wells Fargo senior economist, will join Schniepp as keynote presenters at the SCVEDC’s marquee annual event.

The three-hour conference, presented by Wells Fargo, will be followed by a networking and cocktail reception.

“This is the most significant and substantive business event of the year. It provides important economic data and forecasts that our business leaders can use to build the plans for the next several years,” SCVEDC President and CEO Holly Schroeder said.

With a humming economy, little unemployment and continuing industrial and office development across Los Angeles County – including Santa Clarita and the surrounding area, highlighted specifically by Newhall Ranch and Vista Canyon –Schniepp’s presentation will closely resemble his 2017 address.

“Nothing,” he said, “is weak right now.”

The overwhelmingly business climate across California, in fact, has helped other areas of the county catch up with the Santa Clarita Valley, which, for years, had set the pace in job and population growth, office development and other key trackers.

“Now that’s not the case, at least for now,” Schniepp said. “Now we’re seeing the entire county rising sharply.”

All Outlook attendees will receive the SCVEDC’s annual research book that’s “packed full of data about the local economy” and can be used as a “year-long reference,” Schroeder said.

It’s possible that the SCVEDC’s change of setting might be the most considerable change from last year’s program.

The 2018 Outlook will be staged inside what Schroeder described as a “state-of-the-art temporary structure” at TPC Valencia that will allow for “greater capacity than we’ve had in past years” at the Hyatt Regency Valencia.

The Outlook’s platinum-level sponsors for 2018 are Deloitte, FivePoint, Henry Mayo Newhall Hospital, KKAJ Certified Public Accountants, Logix, Mission Valley Bank, Poole & Shaffery, and Scorpion.

If you go

What: The 2018 SCVEDC Economic Outlook Conference
When: Thursday, March 8; 2-5 p.m. Registration opens at 1:30 p.m.
Where: TPC Valencia, 26550 Heritage View Lane, Stevenson Ranch
Tickets: Purchase online at or call 661-288-4000.

About the Author:

A journalist of 25 years, Steve Kiggins is editor of the Santa Clarita Valley Business Journal. Prior to joining The Signal in December 2017, Kiggins was based in Utah as an executive editor in the USA TODAY Network and worked more than a decade in media and education in Wyoming. Follow him on Twitter, @scoopskiggy.

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