Daily Business Report-Dec. 13, 2018
Report: The industry cluster of business providing products or services in sporting and active lifestyle activities has directly created more than 39,000 jobs and an additional 18,000 jobs in dependent employment. (Photos: Unsplash.com)
San Diego Active Lifestyle Industry
Tops $6B in Economic Output
The total economic output of the San Diego sports and active lifestyle industry tops $6 billion, according to a research report by the Cal State San Marcos Office of Business Research and Analysis in collaboration with the nonprofit business community San Diego Sport Innovators.
According to the report, the industry cluster of business providing products or services that enable people to participate in sporting and active lifestyle activities has directly created more than 39,000 jobs and an additional 18,000 jobs in dependent employment.
“San Diego is a fertile space for the sport and active lifestyle companies due to the combination of a young, active and wealthy population, as well as the temperate climate that allows for uninhibited outdoor activity,” said Bob Rief, SDSI’s executive director and a longtime local sport executive. “What we were really excited to find in this study is just how many companies have been successful in making a passion or hobby into a successful long-term business. Large brands were born here such as Reef sandals, UGG footwear, Tony Hawk with Birdhouse skateboards, TaylorMade and Callaway Golf, Surf Cup soccer, prAna and Vuori activewear, and an entire sport – wakeboarding – with Liquid Force founder Tony Finn.”
Said Dana Rowley, the coordinator of SDSI’s Accelerator program: “Our 20-week, mentor-led curriculum has matriculated 82 companies that have raised more than $85 million in capital. Even more impressive, 87 percent remain in business and 46 percent of these new companies are female-founded or female-led. Those metrics are unusual for the start-up and small-business space, and it’s great to see that these successes positively impact the overall economic health of San Diego.”
Highlights of the report:
• Over $3 billion in economic contribution; over $6 billion in total economic output
• Over 39,000 jobs in direct employment and a total of over 57,000 jobs when dependent employment is included (more jobs than Qualcomm and the San Diego County Water Authority combined).
You can read the report here
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FCC decision deals blow
to California text-tax plan
The Mercury News
A federal regulatory ruling Wednesday aimed at protecting consumers from text-messaging spam may also help California mobile phone users avoid a proposed state texting tax.
The California Public Utilities Commission has proposed a surcharge on text messaging to help cover its growing budget for programs that help make phone service accessible to the poor, with a vote scheduled for Jan. 10. But the proposal — has drawn fast and fierce criticism from opponents.
The wireless industry, business groups and other critics argued that California can’t tax text messages unless federal regulators allow state regulators to treat text messaging as a telecommunications service.
On Wednesday, the Federal Communications Commission in a 3-1 decision declared that wireless Short Message Service (SMS) and Multimedia Messaging Service (MMS) are “information services” similar to email under the Communications Act — and not a telecommunications service.
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Port advances San Diego Symphony’s
Bayside Performance Park project
The Port of San Diego Board of Port Commissioners has voted to advance the San Diego Symphony’s Bayside Performance Park project, a “park within a park” that will include park improvements and a new performance venue in the Port’s Embarcadero Marina Park South on the San Diego Bay waterfront.
At its Tuesday meeting, the Port board adopted a certified Port Master Plan Amendment that is required for the project in order to address public access, programming, park mitigation, lighting and sea level rise adaptations. The board also approved the project concept and authorized issuance of a conditional, non-appealable Coastal Development Permit to the symphony.
The symphony’s project involves constructing and operating a permanent outdoor performance and event venue on approximately one-third of Embarcadero Marina Park South, which is located behind the San Diego Convention Center. Since 2004, the symphony has assembled and disassembled a temporary venue in the park for its Bayside Summer Nights concert series. The permanent venue would function as a “park within a park” and would remain open to the general public for 85 percent of the year, with programming involving paid admission or rental events to be limited to 15 percent of the year.
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Insured losses from California’s
2018 wildfires top $9 billion
California’s Camp, Woolsey and Hill fires resulted in more than $9 billion in insured losses, with the likelihood the damages will go even higher, according to a preliminary report by Insurance Commissioner Dave Jones.
The report is the the results of claims data collected by the Department of Insurance from insurers processing fire-related insurance claims for tens of thousands of policyholders.
While the numbers are expected to climb, as more claims are filed and processed, the preliminary claims data reflects $9.05 billion in actual losses for commercial and residential coverage, personal and commercial vehicles, and agricultural and other coverages.
“The devastating wildfires of 2018 were the deadliest and costliest wildfire catastrophes in California’s history,” said Jones. “The tragic deaths of 88 people and over $9 billion in insured losses to date are shocking numbers-behind the insured loss numbers are thousands of people who’ve been traumatized by unfathomable loss.”
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Serco awarded $46 million Navy contract
Serco Inc., a provider of professional, technology, and management services, has been awarded two production task orders worth $46 million in total from the Department of the Navy Program Executive Office for Command, Control, Communications, Computers and Intelligence (C4I) program office. Under the task orders Serco will source and assemble the required IT Network systems in hardened shipboard racks. The systems will be assembled at Serco’s San Diego integration facility.
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Western Water Summit
set for Jan. 22-23 in San Diego
The Western Water Summit takes place Jan. 22-23 at Paradise Point Resort in San Diego, bringing together professionals involved in all facets of integrated water management, policy, and programs to collaborate and address shared concerns.
The event will conist of more than 25 presentations and several discussion panels featuring the world’s top experts in the subject areas of water reuse, the future of green infrastructure, soils and surface water, and water law.
During these educational sessions, attendees will explore the latest technologies, science and research, and legislation affecting local watersheds next month.
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Personnel Announcements
Herb Johnson named CEO of San Diego Automotive Museum
Herb Johnson has been named CEO of the San Diego Automotive Museum. Board President Carl Strona noted that Johnson’s leadership has brought new stability and clarity to the museum’s operations and long-term planning.
A Harvard MBA and recipient of the national Black Achievement Award, Johnson is widely recognized as a leader in supply chain circles. Johnson brings with him a life-long passion for automobiles and a lifetime of managerial, coaching, and logistical experience, most recently as president and CEO of the San Diego Rescue Mission where he oversaw all operations including business activities, mission strategy, and fundraising.
Before his tenure at the Mission, Johnson excelled at logistics and supply chain management for several major international Fortune 500 companies.
Johnson is active in the community, including the Boy Scouts of America for 35 years.
