Economist: Return of international travelers could strain hospitality industry
Reopening international travel to the United States might create some problems in Santa Barbara in wake of employment disruptions triggered by the pandemic, especially in the restaurant industry, economic Mark Schniepp said at a Nov. 11 economic forecast event. On Nov. 8, the U.S. lifted travel restrictions from specific countries and vaccinated international visitors entered Read More →
Region braces for end of UI benefit bonus
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Tri-county economists predicting slow growth in 2017
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Ventura County developers pull back amid high vacancy
The ’70s are back. At least when it comes to the state of commercial real estate development in Ventura County. While new home building in Ventura County is up compared to last year, commercial development is at a 37-year low, according to the latest report from the California Economic Forecast. Total investment in Ventura County Read More →
Schniepp: Expect rising home prices, slow job growth in Ventura County
Ventura County will see more housing starts, retail growth and moderate job gains through the end of the year and next year.
Schniepp: Outlook calls for robust housing recovery, modest job gains
Expect home prices to continue to rise and slow job-growth gains in Ventura County next year. That was the outlook from regional economist Mark Schniepp of the California Economic Forecast, speaking at Hyatt Westlake Plaza in Thousand Oaks on Sept. 19. Tracking trends at the statewide level, Ventura County will see more housing starts, retail Read More →
