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Thornberg: Slower growing economy doesn’t mean recession near

By   /  Friday, November 3rd, 2017  /  Central Coast, Latest news, Tri-County Economy  /  Comments Off on Thornberg: Slower growing economy doesn’t mean recession near

The eight-year trend of economic growth in California and the Central Coast does not necessarily mean a recession is coming, according to economists who spoke at the Central Coast Economic Forecast on Nov. 3 in San Luis Obispo. A common belief is that the economy has a life cycle that inevitably switches back and forth Read More →

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Central Coast has time to adjust to Diablo Canyon closure

By   /  Friday, November 4th, 2016  /  Central Coast, Latest news, Tourism  /  Comments Off on Central Coast has time to adjust to Diablo Canyon closure

The closure of the Diablo Canyon Power Plant will hurt the San Luis Obispo County economy but the region will have time to adjust as the plant cycles down, Robert Kleinhenz of Beacon Economics said. Pacific Gas and Electric announced plans in June to close its power plant by 2025, leaving the area without one Read More →

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State’s housing prices too high for middle-income residents

By   /  Friday, March 11th, 2016  /  Columns, Latest news, Real Estate  /  Comments Off on State’s housing prices too high for middle-income residents

A housing shortage is driving the middle class out of California. Several reports from Next 10 and Beacon Economics illustrated the state’s growing housing to jobs imbalance. Housing prices will continue to climb unless cities and counties increase residential densities and streamline the permitting process, according to the reports. More people are leaving the state Read More →

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Ventura planning commissioner accused of conflict of interest

By   /  Wednesday, November 25th, 2015  /  Latest news, Top Stories  /  1 Comment

A Ventura resident has filed a complaint against a city of Ventura planning commissioner alleging her day job influences her role as a public official. Nicholas Bonge, co-founder of the grassroots nonprofit Neighbors of the Ventura Hillside, submitted a complaint with the California Fair Political Practices Commission asking it to investigate Commissioner Jane Farkas. It Read More →

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Thornberg: SLO County poised to lead regional recovery

By   /  Friday, June 14th, 2013  /  Central Coast, Top Stories, Tri-County Economy  /  Comments Off on Thornberg: SLO County poised to lead regional recovery

With its wine grapes, relatively affordable housing and recovering labor market, San Luis Obispo County sits at the leading edge of the recovering in the Tri-Counties and statewide. That was the view from Chris Thornberg, founder of Los Angeles-based Beacon Economics, at the semi-annual Central Coast Economic Forecast held in Atascadero on June 6. Speaking Read More →

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In Star Wars creator’s building struggle, a new hope for housing

By   /  Friday, April 5th, 2013  /  Columns, Opinion  /  Comments Off on In Star Wars creator’s building struggle, a new hope for housing

Chris Thornberg and George Lucas are not usually found in the same room — let alone the same sentence.

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Slow SLO recovery forecast

By   /  Friday, November 5th, 2010  /  Tri-County Economy  /  Comments Off on Slow SLO recovery forecast

Like the rest of California, San Luis Obispo County is winding very slowly to a full economic recovery, forecasters at the Central Coast Economic Forecast said Nov. 5. The county’s unemployment rate currently hovers around 10 percent, and will likely stay above 6 percent until sometime in 2015, economists from the forecasting group Beacon Economics Read More →

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