• NEWS 90.9 KXJZ Sacramento
  • 90.5 KKTO Tahoe/Reno
  • 91.3 KUOP Stockton
  • 88.1 KQNC Quincy
  • MUSIC 88.9 KXPR Sacramento
  • 91.7 KXSR Groveland/Sonora
  • 88.7 KXJS Sutter/Yuba City

UOP Forecast Says Economy Improving

Share | |
(Sacramento, CA)
Thursday, January 19, 2012

Jeff Michael with U.O.P. says California is in its second year of recovery, though some places, like much of the Central Valley will only start to see noticeable improvement this year.

MICHAEL: "I think 2012 will finally start seeing positive numbers in most areas of the private economy. And some of the areas that have been dragging us down like construction and even some of the state and local government, the worst is over"

The forecast calls for double digit unemployment until 2014.  Michael says job growth will come primarily from health care with improvements also coming in technology, and manufacturing.  The construction industry is also expected to benefit from 56,000 new housing starts in 2012. 
We Get Support From:
Become a Supporter

We Get Support From:

Become a Supporter