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.