CLU economists say short lockdown key to small business survival
A new report from the Center for Economic Research & Forecasting at California Lutheran University underscores the ferocity of the debate around re-opening the economy. CERF forecasters Matthew Fienup and Dan Hamilton now project a stunning, nearly 20 percent drop in GDP and Great Depression levels of job losses, followed by a long, slow U-shaped Read More →
Tri-county stocks mixed as market falls
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Community Bank of Santa Maria reports first quarter increases
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T.O. office building buyer plans to convert it to medical campus
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Lisi: COVID-19 impacts values and acquisitions
By James Lisi From Feb. 20 to March 20, the bond risk premium jumped two points. This jump was larger than any previous move over a one-year period. Well-regarded economists are forecasting 20 percent to 35 percent fall in Gross Domestic Product for the next few months. We have just exited the best market for Read More →
Steinfeld and Werth: Cannabis businesses are essential
By Amy Steinfeld and Alina Werth As a result of Gov. Gavin Newsom’s stay-at-home executive order, all but “essential” businesses have closed to slow the spread of the novel coronavirus. Cannabis dispensaries are one of a few retail operations deemed essential, along with pharmacies and grocery stores. And it’s not just dispensaries that have been Read More →
Our view: Progress with numbers but hard road ahead
The Central Coast is proving — along with much of California — that social distancing and restricted activity can bend the curve of the coronavirus pandemic. But the battle is far from over and there are troubling signs that the disease will double back with a vengeance once the rules are relaxed. At press time, Read More →
