UCSB forecast says U.S. economy is strong
Whether there will be a recession or not, or whether we are already in one or not, depends on the economist you talk to on any given day. For Peter Rupert, the director of UCSB’s economic forecast and a professor of economics, he made his stance on the subject clear during the organization’s Feb. 23 Read More →
UC’s Hansen Center expands research capabilities at new Camarillo facility
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CRE: KSL Resorts To Add Five Central Coast Properties to Portfolio
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Wyatt Technology acquired for $1.3 billion
Santa Barbara-based Wyatt Technology has been acquired for $1.36 billion by Waters Corporation, a publicly traded analytical laboratory instrument manufacturing company, the two parties announced on Feb. 15. The transaction is expected to close in the second quarter of 2023. Kirkland & Ellis LLP is serving as legal counsel to Waters, while Wyatt’s legal counsel Read More →
Vital Signs: The labor market still lagging behind
Statistics from The California Labor Market Information Division’s December 2022 report showed a declining unemployment rate across all three counties on the Central Coast, but job creation is still lacking far behind, according to the Economic Development Collaborative. In Ventura County, only a net gain of 200 jobs was calculated for the month of December. Read More →
Benn: Poinsettia Plaza sells for over $60 million
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Officials gather to discuss options available to the public following storm
With the near-record storm behind the Central Coast, all that is left now is to pick up the pieces. The Federal Emergency Management Agency (FEMA) and the Small Business Administration (SBA) have been the ones trying to accomplish that goal, teaming up to provide the tri-counties with a slew of help. “Partnering with FEMA and Read More →
