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State economist cautions that California is still on the mend

By   /  Thursday, January 23rd, 2014  /  Agribusiness, South Coast, Tourism  /  Comments Off on State economist cautions that California is still on the mend

Santa Barbara County’s economy relies heavily on its billion-dollar tourism and agricultural industries, two of the fastest-growing sectors of California’s economy by number of jobs. But those are also industries with highly seasonal workforces and generally low-paying wages.

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Rupert predicts flat GDP growth in Santa Barbara County

By   /  Friday, May 4th, 2012  /  Central Coast, Latest news, Tri-County Economy  /  Comments Off on Rupert predicts flat GDP growth in Santa Barbara County

Santa Barbara County is expected to see flat or even negative GDP growth over the next year, and the long-term outlook for its jobs market is gloomy. That was the prognosis from the team of forecasters at UC Santa Barbara’s annual Santa Barbara County Economic Summit, which held events for the southern and northern halves Read More →

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South Coast sales activity slows to crawl after early 2011 boom

By   /  Friday, October 7th, 2011  /  Columns, Real Estate  /  Comments Off on South Coast sales activity slows to crawl after early 2011 boom

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Area economists pin region’s CRE rebound on labor markets

By   /  Friday, June 10th, 2011  /  Columns, Real Estate, Tri-County Economy  /  Comments Off on Area economists pin region’s CRE rebound on labor markets

Five area economists weigh in on the health of the region’s commercial real estate market.

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UCSB economist warns of future tax hikes

By   /  Wednesday, December 8th, 2010  /  Latest news, Tri-County Economy  /  Comments Off on UCSB economist warns of future tax hikes

Higher taxes are an inevitable consequence of ad-hoc policymaking, according to UC Santa Barbara economics professor Peter Rupert. Rupert, who heads the UCSB Economic Forecast Project, told a breakfast audience of Santa Barbara-area business leaders on Dec. 8 that temporary subsidies such as “cash for clunkers” and payments to first-time homebuyers were largely useless. He Read More →

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