SOAR passage will stifle Ventura County economy
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Ventura County economy faces challenges
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Ventura County lagging in job growth
Updated at 5:20 p.m. Nov. 10: Ventura County is the only region in Southern California that has not reached pre-recession job levels, according to research from Cal Lutheran University’s Center for Economic Research and Forecasting. Ventura is still 2,600 jobs shy from its pre-recession high and it is possible the job market has peaked, the Read More →
Central Coast has time to adjust to Diablo Canyon closure
The closure of the Diablo Canyon Power Plant will hurt the San Luis Obispo County economy but the region will have time to adjust as the plant cycles down, Robert Kleinhenz of Beacon Economics said. Pacific Gas and Electric announced plans in June to close its power plant by 2025, leaving the area without one Read More →
Founders Community Bank in SLO being acquired
Fresno-based Premier Valley Bank will acquire San Luis Obispo-based Founders Community Bank in a stock-and-cash transaction valued at approximately $29.1 million, or $21.87 per share, the companies announced on Oct. 31. The parent company of Premier, Heartland Financial USA, aims to acquire Founders, a wholly-owned subsidiary of Founders Bancorp, in a 70 percent stock and Read More →