Silicon Valley economy sees slow rebound post-pandemic as ‘glaring disparities’ persist

Silicon Valley is not experiencing the same booming energy and rapid growth it’s known for as the local tech economy continues adjusting to a post-pandemic reality — but researchers say the region is still a powerful hub of innovation that is fully recovering.

While Silicon Valley remains a place of massive wealth, longstanding disparities persist. With the majority of riches and resources concentrated at the top, many residents are struggling with the rising costs for housing, food and child care.