New job formation slowing down in California
A long anticipated slowdown in new job formation occurred this year, California Economic Forecast Director Mark Schniepp said at the 2018 Los Angeles County and Ventura County Economic Outlook on Sept. 7 in Westlake Village. Schniepp attributes the slowdown mainly to an unemployment rate of less than 5 percent. He said a fully employed economy Read More →
Trumponomics could stir economy in Tri-Counties
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Regional economy expected to grow under Trump
The regional economy will continue to rally around the positive momentum stemming from the election of President Donald Trump, Director of the California Economic Forecast Mark Schniepp said Feb. 2. Schniepp expects modest economic growth to continue through 2017. The “Trump bump” may even delay a recession, speakers said at the 2017 Los Angeles County Read More →
Ventura County economy lagging
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Refugio oil spill pipeline might take five years to get back online
The pipeline that was responsible for the Refugio oil spill in May could take up to five years to get back online and the best-case scenario is 18 to 24 months, according to California Economic Forecast Director Mark Schniepp. He spoke to a room full of the biggest oil players in Santa Barbara County, Read More →
