Thornberg: Slower growing economy doesn’t mean recession near
The eight-year trend of economic growth in California and the Central Coast does not necessarily mean a recession is coming, according to economists who spoke at the Central Coast Economic Forecast on Nov. 3 in San Luis Obispo. A common belief is that the economy has a life cycle that inevitably switches back and forth Read More →
Read More →SLO leading the state in GDP, job growth
SLO’s economic recovery isn’t looking so slow anymore. Jordan Levine, director of economic research at Beacon Economics, said at a Nov. 9 forecast that San Luis Obispo County is leading California’s financial recovery. The road is still bumpy, but there are there are a handful of notable bright spots for the region’s economy, Levine said Read More →
Read More →Experts predict slow job growth for SLO
Economist Chris Thornberg said tourism and consumer spending are driving San Luis Obispo County’s recovery. But don’t expect large jobs gains for at least the next two years. Speaking at the Central Coast Economic Forecast in Paso Robles on June 7, the Beacon Economics founding partner said he expects the county’s total employment to be Read More →
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