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Merrill exec sees economic tailwinds for Central Coast
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California, Central Coast unemployment fall in May
For the third consecutive month, the unemployment rate on the Central Coast dipped dramatically from the previous month, according to the latest data provided by the California Employment Development Department. Released June 21, the unemployment rate of the tri-counties was at 3.33% for May, down from 3.96% in April and 4.56% in March. All three Read More →
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Portfolio watch
California homeowners pay an average of $28,790 in non-mortgage costs per year to own their properties, according to Bankrate.com’s latest report on the hidden cost of home ownership. The figure includes property taxes, insurance, upkeep and repairs, utilities and cable, making California No. 2 after Hawaii (more than $29,000). The average cost across the country is $18,112 or about $1500 per month. Read More →
Dubroff: The Fed risks falling behind when it comes to rate cuts
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