Tri-county ag firms face tariff on Mexican goods
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Regional economy expected to grow under Trump
The regional economy will continue to rally around the positive momentum stemming from the election of President Donald Trump, Director of the California Economic Forecast Mark Schniepp said Feb. 2. Schniepp expects modest economic growth to continue through 2017. The “Trump bump” may even delay a recession, speakers said at the 2017 Los Angeles County Read More →
UCSB forecast predicts ‘new normal’ for water conservation
A mid-year forecast by the UC Santa Barbara Economic Forecast Project illustrated a “new normal” for water conservation measures but uncertainty for the economy in the wake of the election. Demand has fallen below 10,000 acre feet of water for the Goleta Water District after mandated conservation requirements. While not sustainable in the long term, Read More →
Fitch gives San Luis Obispo an AA+ credit rating
Fitch Ratings gave the city of San Luis Obispo an AA+ credit rating on Jan. 27, describing its financial performance as “exceptionally strong.” The city’s revenue growth is expected to exceed the national pace, Fitch said in an independent assessment, and the city’s financial outlook is stable. Fitch said SLO has a “robust financial planning Read More →
PG&E donates to EVC-SLO County to create stronger economy
Pacific Gas and Electric Co. donated a $25,000 grant to the Economic Vitality Corp. of San Luis Obispo County that aims to help create a strong regional economy. The grant will support the corporation’s countywide Economic Strategy Project that analyzes the local economy and helps business start and expand in an area known for its Read More →
Ventura County Community Foundation appoints Scott Hansen as chair
The Camarillo-based Ventura County Community Foundation appointed Scott Hansen as its new chair. Hansen is the Wells Fargo regional managing director of wealth management for the Santa Barbara and Westlake Village markets. He manages a team of more than 100 financial professionals from Paso Robles to Studio City. “Scott Hansen has the professional expertise to Read More →
America’s Tire to be built on $3.25 million Goleta parcel
A 35,000-square-foot vacant parcel at 151 S. Fairview Ave. in Goleta was sold for $3.25 million with plans to build an America’s Tire. It is one of the few parcels of vacant, developable land in Goleta where a variety of hotels and housing and commercial projects are in the works. It will fit nicely into Read More →
