San Francisco's recovery from the throes of the COVID-19 pandemic is one of the worst in the country among major metropolitan areas, according to an economic recovery tracker launched Tuesday by the Bay Area Council business group.
Among the 25 largest metro areas in the country by regional gross domestic product, San Francisco's pandemic recovery ranked 24th on the Regional Economic Recovery Index, besting only Baltimore.
San Francisco's recovery ranking includes data from Oakland and Berkeley, while San Jose's includes data from Sunnyvale and Santa Clara. CBRE has regularly tracked office occupancy in San Francisco throughout the pandemic, finding in a report released last month that roughly 27 percent of the city's offices were vacant at the end of 2022.
The stark drop in sales tax receipts and passengers boarding flights—the two metrics tracked for economic activity—has also had a cascading effect as the city and local governmental bodies like transportation agencies all face budget issues.
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