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Report Provides Demographic, Economic, & Housing Update
The Southern California Association of Governments (SCAG) has released an updated report incorporating new data from the U.S. Census Bureau’s American Community Survey, providing credit union leaders and others insight into how demographic, economic, and housing trends across Southern California have changed between 2019 and 2022 — versus what stayed the same.
This September 2023 report — Shifts and Constants in a Post-COVID Southern California — compares several topics in demographic, economic, and housing conditions across Southern California (six counties), California (state), and the entire United States. Topics include:
- Demographic and socioeconomic characteristics.
- Labor force participation and self-employment.
- Commute mode, including work-from-home.
- Geographic mobility.
- Housing cost burden, tenure, and crowding.
- Health care coverage and broadband access.
This report compares the newest available data from 2022 against both 2021 and pre-pandemic levels (pre-2019). It also includes data from 2006 and 2012, revealing longer-term change.
The report was part of this week’s SCAG-hosted 34th Annual Demographic Workshop — branded this year as the “Seismic Generational Shift.”
Credit union leaders can utilize this information and data as they strategically plan for 2024 within their local footprint!
