December 13, 2024
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Our view: Recession risk rises for Ventura County

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Downshifting with a strong chance of recession. That’s the forecast California Lutheran University economic forecast director Matthew Fienup has been spreading in Ventura and Santa Barbara counties after a stunningly weak GDP report for the region from the Commerce Department’s Bureau of Economic Analysis. The latest numbers show Ventura County GDP down about 2.7 percent…

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