California creates new businesses at its fastest rate of the 1990s.SANTA ANA Santa Ana, city, El Salvador Santa Ana (sän'tä ä`nä), city (1993 pop. 129,873), W El Salvador. It is the second largest city in the country and the commercial and processing center for a sugarcane, coffee, and cattle region. , Calif.--(BUSINESS WIRE)--July 2, 1996--California is creating new businesses at its fastest rate of the 1990s, a public records information service reported. A total of 22,107 newly incorporated businesses were formally registered with the Secretary of State during the first five months of this year (see chart). That was up 5.8 percent from 20,901 for the same period last year, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Santa Ana-based CDB CDB Common Database CDB Caribbean Development Bank CDB Convention sur la Diversité Biologique (Convention on Biological Diversity) CDB China Development Bank (Beijing, China) CDB Capital Development Board Infotek. The low of the decade was reached in 1991 with 18,129 business filings. None of the January-to-May totals exceeded 20,000 until last year. "There are several different factors that lead to growth in new businesses. At this point in the business cycle California's growing economy is clearly the reason for the increase," said Rick Rozar, CDB president. The current growth in business filings varies widely from county to county. Of the larger counties, San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. and San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden saw strong growth, while San Mateo San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. and San Bernardino San Bernardino, city, United States San Bernardino (săn bûr'nədē`nō), city (1990 pop. 164,164), seat of San Bernardino co., S Calif., at the foot of the San Bernardino Mts.; inc. 1854. counties had more business filings a year ago. By region, business growth was strongest in the Central Valley and slowest along the Central Coast. CDB Infotek provides on-line access to public records nationwide. In addition to information on business filings, the company provides access to court records, real estate records, bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most records and more. The numbers above include all California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). incorporations. Limited partnerships and out-of-state out-of-state adj. Of, relating to, or being from another state. companies establishing a formal California presence are not included. -0-
Number of incorporations
YTD YTD Pct.
County May95 May 96 Chng.
Los Angeles 8,624 9,154 6.1 pct. Orange 2,345 2,587 10.3 pct. San Diego 1,556 1,786 14.8 pct. Riverside 514 493 -4.1 pct. San Bernardino 472 425 -10.0 pct. Ventura 332 344 3.6 pct. Imperial 34 8 -76.5 pct. Total So. California 13,877 14,797 6.6 pct. Alameda 777 735 -5.4 pct. Contra Costa 462 463 0.2 pct. Marin 233 251 7.7 pct. Napa 63 47 -25.4 pct. San Francisco 1,003 1,165 16.2 pct. San Mateo 555 496 -10.6 pct. Santa Clara 1,312 1,460 11.3 pct. Solano 80 70 -12.5 pct. Sonoma 187 202 8.0 pct. Total Bay Area 4,672 4,889 4.6 pct. El Dorado 44 38 -13.6 pct. Fresno 211 252 19.4 pct. Kern 149 157 5.4 pct. Kings 13 14 7.7 pct. Madera 28 28 0.0 pct. Merced 11 29 163.6 pct. Placer 108 114 5.6 pct. Sacramento 532 595 11.8 pct. San Benito 13 8 -38.5 pct. San Joaquin 129 130 0.8 pct. Stanislaus 92 105 14.1 pct. Tulare 73 67 -8.2 pct. Yolo 48 37 -22.9 pct. Yuba 10 9 -10.0 pct. Total Central Valley 1,461 1,583 8.4 pct. Monterey 137 122 -10.9 pct. San Luis Obispo 84 101 20.2 pct. Santa Barbara 179 185 3.4 pct. Santa Cruz 122 132 8.2 pct. Total Central Coast 522 540 3.4 pct. Total North. California 203 188 -7.4 pct. Total Sierra/Foothills 130 91 -30.0 pct. Statewide 20,901 22,107 5.8 pct. NOTE TO EDITORS: Month-to-month month-to-month adj. referring to a tenancy in which the tenant pays monthly rent and has no lease, and the tenancy can be terminated by the landlord at any time on thirty-days notice. (See: tenancy, landlord and tenant) numbers from January 1990 on are available for individual counties. CONTACT: John Karevoll, 909/867-9534 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion