The U.S. central bank, which has grown its balance sheet from the roughly $800 billion it held steady at for decades to almost $3 trillion in response to the country’s financial crisis, will have to navigate the unwinding of that balance sheet cautiously when the time comes. That was the view from the three Federal Read More →
Bill Watkins’ usually dour outlook for California and the local economy is only getting gloomier. The chief economist at California Lutheran University’s Center for Economic Research and Forecasting said March 29 that his outlook a year ago — already pessimistic compared to that of his fellow forecasters — was “wrong, way wrong.” Ventura County lost Read More →
By Henry Dubroff / Friday, January 6th, 2012 / Columns, Opinion / Comments Off on Health care, tourism are protagonists in the tri-county recovery story
Tourism, health care are the bright spots, while retail and housing are question marks.
The Tri-Counties starts 2012 with six fewer local banks than it had before the start of the financial crisis, and the local economy continues to stutter through a broader recovery. But area economists and finance insiders say the region is doing better than the rest of California, boosted by its tourism and technology sectors, and Read More →
By Marlize van Romburgh / Friday, January 6th, 2012 / Columns, Real Estate / Comments Off on 2012 forecast: CRE insiders look for steady rebound starting in new year
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