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 →
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Despite a record drought, short-sighted policy making and a slow-to-start generation of self-established young workers, the outlook for Ventura County is bright. “It should be another year of expansion — you pretty much count on that — and no recession in sight, at least not yet,” said Mark Schniepp, director of the California Economic Forecast. Read More →
Ventura County will see more housing starts, retail growth and moderate job gains through the end of the year and next year.
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 →