This is a continued cry for help from the people stuck in traffic each day whose only option is to grip the steering wheel tighter. This is both a state and a regional failure to address the problem. We've really shortchanged infrastructure in the state and in the region over the past decade, and it's taken its toll.

In some cases they're cashing out, and in some cases they just can't afford to stay.

The Bay Area's educational performance is showing improvement, but that's not sufficient. We've been handling, to some degree, the growth of the economy through improvements in efficiency, but that may be a slippery slope. There's clearly a need to create a housing economy that can attract more people to the region to satisfy the demands of economic growth.

Education is critical, We've got to do more and we've got to do it quickly.

As we suspected, that now appears to have been only a momentary shock, and the Bay Area business community expects the region's economy to steadily improve.

There's already been clear motion from housing to equities, but it isn't to the level that we can say it's part of a long-term trend.

This is really an emergency system. But we would have the opportunity to enhance everyday service.

The signs are about as bright as they've been for a long time. We've got the highest confidence in hiring that we've seen since we started doing the survey, with the biggest spread between employers planning to hire and those planning to diminish their workforce.

Continuing historical trends, the Bay Area has clearly emerged from the most recent recession in a strong position. Bay Area employers are in the center of one of the world's most dominant and rapidly growing economic hubs. That said, economic conditions change extremely rapidly. Forces that many would argue are in our control are at this very moment rapidly eroding our economic advantage.

First and foremost transportation. Every time we ask, Bay Area business leaders and voters tell us that's the number one headache in the Bay Area. Number two education ... third is affordable housing.