Silicon Valley’s Economic Indicator: Caltrain Ridership
Wondering if the Silicon Valley’s tech boom is waning? Look no further than Caltrain, which shuttles workers between home and the region’s tech giants including Google, Twitter and Salesforce.com. The number of passengers on the commuter train line reached a record high of more than 58,000 riders on an average weekday in the 12 months through June, the transit agency announced recently, more than 20,000 more than four years ago. Since 2011, Caltrain has experienced annual ridership growth of at least 10%.