Economist: Recovery for Ventura County housing several years out
The housing market in Ventura County and elsewhere will continue to be haunted by shadow inventory for several years.
Ventura County’s recovery, by the numbers
More than 3,000 private-sector jobs have been created in Ventura County over the last year, according to economists with the California Economic Forecast.
Area economists pin region’s CRE rebound on labor markets
Five area economists weigh in on the health of the region’s commercial real estate market.
Tourism’s rising tide
After a brighter than expected 2010, tourism forecasters say 2011 will be a year for slow growth and recovery.
UCSB economist warns of future tax hikes
Higher taxes are an inevitable consequence of ad-hoc policymaking, according to UC Santa Barbara economics professor Peter Rupert. Rupert, who heads the UCSB Economic Forecast Project, told a breakfast audience of Santa Barbara-area business leaders on Dec. 8 that temporary subsidies such as “cash for clunkers” and payments to first-time homebuyers were largely useless. He Read More →
Jobless data may portend broad recovery
The tri-county region is showing signs of digging itself out of a deep hole.
Slow SLO recovery forecast
Like the rest of California, San Luis Obispo County is winding very slowly to a full economic recovery, forecasters at the Central Coast Economic Forecast said Nov. 5. The county’s unemployment rate currently hovers around 10 percent, and will likely stay above 6 percent until sometime in 2015, economists from the forecasting group Beacon Economics Read More →