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The shifting financial industry landscape has set the stage for increased competition among regional banks trying to snap up local talent and a slice of the mid-size company market. However, some industry experts think the newly consolidated landscape and shrinking number of small banks could close the door on many entrepreneurs and smaller businesses. “For Read More →
If oil were to disappear completely from our economy, it would just about offset our estimated one percent increase in GDP benefit of lower oil prices.
On a drive throughout much of the Highway 101 corridor dodging rainstorms on Dec. 15, I learned a lot about how much the psychology of a return to normal weather is having on the region.
The Golden State has been outpacing the U.S. in job creation over the last three years, but all is not well. Skyrocketing housing costs mean that with a few exceptions clustered around the tech boom, California’s coastal counties are retirement havens, not entrepreneurship hubs. That’s the view from Bill Watkins, director of the California Economic Read More →
California is adding jobs faster than the national average, and the state has a budget surplus for the first time since the dot-com bubble burst in 2000. That’s led to some glowing national press for Gov. Jerry Brown, including a Rolling Stone article that called his budget turnaround a “miracle.”
Business and agriculture leaders speaking at a Nov. 8 economic forecast hosted by the California Lutheran University Center for Economic Research and Forecasting put forth a vocal call for immigration reform amid a deepening farm-labor shortage.