• 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

Report: California In Early Stages Of 5 Year Recovery

Share | |
(Sacramento, CA)
Friday, July 29, 2011

The numbers come from the Business Forecasting Center at the University of the Pacific in Stockton.

Economist Jeff Michael says strong growth in the technology sector is driving an improved outlook for state revenue. But construction, real estate and finance continue to disappoint.
Michael says California's unemployment rate will stay at or above 10% through the end of 2013. He says the state is still in the early stages of a long, slow five year recovery.
We Get Support From:
Become a Supporter

We Get Support From:

Become a Supporter