Global warming aside, biggest need is housing
The climate change accords signed in Paris this month have been a vindication of Gov. Jerry Brown’s view of a less carbon intensive economy. That is no small accomplishment, which vindicates San Luis Obispo County’s decision to embrace “Big Solar” and efforts in Ventura County to combine industrial-scale solar with waste recycling to reduce carbon Read More →
Fed rate increase should help take risk out of financial markets
The Federal Reserve’s decision to slowly begin the process of normalizing interest rates may not have all that much to do with the economy or inflation. The economy isn’t really overheated and any threat of inflation remains far off in the future. Parsing the Fedspeak of the Dec. 16 announcement that regulators are “reasonably confident” Read More →
Dubroff: Small business owners not as optimistic as they should be
Despite the growing hype around Small Business Saturday, the promotion developed by American Express that’s gotten some traction in the past few years, the nation’s small business owners aren’t really that happy a bunch. Writing in a Nov. 13 report, Scott Anderson, the chief economist for Bank of the West, notes that one recent indicator Read More →
Central Coast economy on a roll
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California needs reforms to create stable future
Now that California is back, maybe it’s time to think big. That’s the theme of a talk that economist Chris Thornberg has been giving up and down the coast. The founding partner of Beacon Economics gave the latest version of his remarks at the Central Coast Economic Forecast in San Luis Obispo on Nov. 6. Read More →
Measure of business inventory could dictate future of interest rates
NEW YORK — An often-overlooked measure of business inventories may hold a powerful clue to the future direction of interest rates, an influential Federal Reserve official said Oct. 9. Dennis Lockhard, president of the Federal Reserve Bank of Atlanta, told a group of business journalists that his staff’s analysis of third quarter GDP has reported Read More →
