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Forecast: Crummy, with a slight chance of worse

By   /  Friday, September 30th, 2011  /  Latest news, Tri-County Economy  /  Comments Off on Forecast: Crummy, with a slight chance of worse

The professional services and hospitality industries are leading the South Coast’s private-sector job creation, with each adding about 1,000 jobs since the recession ended.

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Watkins: Slow growth ahead

By   /  Tuesday, September 27th, 2011  /  Latest news, Real Estate, Tri-County Economy  /  1 Comment

California faces at least two quarters of very slow growth next year, with continued job losses and a decline in home prices that likely will extend to 2013. That was the grim news from California Lutheran University economist Bill Watkins, who spoke to about 300 people at a Sept. 27 forum hosted by Montecito Bank Read More →

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Hospital construction a bright spot

By   /  Friday, September 23rd, 2011  /  Features, Real Estate, Tri-County Economy  /  Comments Off on Hospital construction a bright spot

More than $1 billion is flowing into the tri-county economy as new hospital and health care facilities around the region take shape.

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Ventura County’s recovery, by the numbers

By   /  Thursday, September 15th, 2011  /  Tri-County Economy  /  Comments Off on 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.

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Puzder: CKE won’t leave before 2015

By   /  Friday, September 9th, 2011  /  Latest news, Restaurants, Tri-County Economy  /  3 Comments

Andy Puzder, CEO of Carl’s Jr. parent CKE Restaurants, has for the first time publicly put a hard date on the fast-food firm’s possible move to Texas.

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1,000 area jobs in peril

By   /  Friday, September 9th, 2011  /  Banking & Finance, Banking Industry, Technology, Top Stories, Tri-County Economy  /  3 Comments

By Stephen Nellis and Marlize van Romburgh on September 9, 2011 Nearly 1,000 jobs are either at risk or being cut in the Tri-Counties in manufacturing, medical device research and finance. On Sept. 1, Bank of America said it planned to sell or shutter its correspondent lending arm, imperiling as many as 700 jobs in Read More →

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700 BofA jobs at stake in Ventura County

By   /  Thursday, September 1st, 2011  /  Banking & Finance, Banking Industry, Latest news, Tri-County Economy  /  Comments Off on 700 BofA jobs at stake in Ventura County

About 700 jobs in Thousand Oaks and Westlake Village are in peril as Bank of America prepares to sell or shutter the correspondent-lending arm of its mortgage business. “We intend to sell the correspondent mortgage lending division or, if a suitable deal is not identified, we will consider other options, including winding down the correspondent Read More →