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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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Looking for the economy’s silver lining

By   /  Monday, November 1st, 2010  /  Columns, Opinion  /  Comments Off on Looking for the economy’s silver lining

With the economic forecast season about to get underway, two things are absolutely certain: 1. The experts are going to have strong opinions. 2. Most of the time they’re going to be wrong. So, with the knowledge that my amateur views are likely to be better than at least a few of the pros, let’s Read More →

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Foreclosure fiasco’s ground zero: Ventura County offices churned out paperwork

By   /  Monday, October 25th, 2010  /  Top Stories, Tri-County Economy  /  Comments Off on Foreclosure fiasco’s ground zero: Ventura County offices churned out paperwork

Ask her how many foreclosure documents she worked through in a day at Countrywide Financial Corp., and Linda Martins-Mann says the pace was fast. “I didn’t count how many I processed, but it was a lot,” she said. “Maybe about 500 a day.” Martins-Mann was a foreclosure technician at Countrywide’s Simi Valley offices until the Read More →

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Foreclosure freeze won

By   /  Monday, October 25th, 2010  /  Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Foreclosure freeze won

As the nation’s largest home lenders continue their self-imposed foreclosure freezes, economists in the tri-county region say the residential real estate market’s search for the bottom is being delayed. The Tri-Counties had more than 1,200 homes in foreclosure at the end of the second quarter, according to information from research firm DataQuick. That’s up more Read More →

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SLO forecast gets $20K

By   /  Monday, October 18th, 2010  /  Latest news, Tri-County Economy  /  Comments Off on SLO forecast gets $20K

The new Central Coast Economic Forecast, the successor in San Luis Obispo County to the UCSB Economic Forecast Project, announced Oct. 11 that it has received a $20,000 foundation grant. The grant comes from the Hind Foundation and Greg Hind, one of the founders of the Economic Forecast Project. The Central Coast Economic Forecast’s first Read More →

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Fox tells VCEDA group state must improve business climate

By   /  Friday, October 15th, 2010  /  Latest news, Tri-County Economy  /  Comments Off on Fox tells VCEDA group state must improve business climate

The pain of the status quo will determine the pace of California’s reform effort. That’s the view of Joel Fox, head of the Los Angeles-based Small Business Action Committee. In a keynote presentation on Oct. 15 at the 40th annual Ventura County Economic Development Association business outlook conference, Fox said reforms take place in waves Read More →

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