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FROM THE WAVE OF TECH LAYOFFS TO THE EVER GROWING HOUSING EQUALITY GAP ITS FAIR TO WONDER IF THE SUN IS SETTING ON SILICON VALLEY. THE SILICON VALLEY INDEX RELEASED THIS WEEK AIMS TO PROVIDE CLARITY, LOOKS AT THE HIGHS AND LOWS OF ONE THE NATIONS MOST IMPORTANT AREAS OF INVATION. IAN COLE SPENT HIS DAY GOING THAT REPORT. START WITH THE ECONOMY. WHAT DOES THE REPORT SAY? TODAY THE CONTEXT WAS REALLY LAID OUT BY JOINT VENTURE SILICON VALLEY. HUNDREDS OF LOCAL LEADERS AND STAKEHOLDERS WERE THERE FOR THE STATE OF THE VALLEY THIS MORNING. THE INDEX EXAMINES THE ECONOMIC AND SOCIOECONOMIC REALITIES MUCH SANTA CLARA AND SAN MATEO COUNTIES. THE PRESIDENT AND CEO SAYS ITS CLEAR AT THE MOMENT THE TECH INDUSTRY IS RESIZING AND RECALIBRATING. SO FAR THE TECH LAYOFFS HAVE AFFECTED 11,000 WORKERS LOCALLY. ANOTHER 9,000 LAYOFFS ARE PLANNED. THIS IS NOTHING LIKE THE DOWN TRENDS IN THE PAST. THE DOT-COM BUST, THAT GENERATED 300,000 JOB ELIMINATIONS. 300,000. IT LOO
