CLU economists predict downturn worse than Great Recession
California Lutheran University’s economic forecast group is warning that policymakers have limited options to head off a downturn that could be worse than the Great Recession. In an update to recent forecasts, the Center for Economic Research & Forecasting warns that massive stimulus efforts may not help speed a recovery if “countless numbers of small Read More →
Dubroff: Trade war raises questions about the dollar’s durability
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Our view: Highway 1 opening will boost tourism
While much media attention in the Tri-Counties has been focused on the Thomas fire and mudslides that shut Highway 101 over the winter, San Luis Obispo County’s tourism economy has been hard hit by a slide-related closure that cut off access to Big Sur and lasted 18 months. A year and a half after a Read More →
Wells Fargo economist says Trump will likely help economy
President-elect Donald Trump will likely have a positive impact on the regional and national economy in the short term in the form of tax cuts and ramping up defense spending, Wells Fargo Senior Economist Mark Vitner said. Trump claims he will reduce personal and corporate income taxes, which would theoretically spur investment in the U.S. Read More →
Trump fogs retiring CLU economist’s crystal ball
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