Forecasting the future of business in the San Joaquin Valley can be challenging. Technological change can shift the demand for various products.
The Central Valley’s recovery from the recession has lagged behind the Bay Area, but this is the year it could catch up. For the first time, forecasters are ready to predict a date when the San Joaquin Valley will return to single digit unemployment rates.
Positive signs throughout the San Joaquin Valley point toward continued economic recovery, according to a report released Thursday by Gökçe Soydemir, the Foster Farms endowed professor of business economics at CSU, Stanislaus.
The state economy will continue its sluggish recovery in 2013, but is expected to gain momentum the following two years, according to the University of the Pacific’s Business Forecasting Center.
STOCKTON – A renowned economist this morning told Stockton business and community leaders what they suspected – there’s economic growth ahead, but it’s going to be slow economic growth.
Local business and community leaders today offered their realistic economic assessment for the next few years – limited growth now with slightly more growth later.
President Obama called Republican resistance to an increase in the nation's debt ceiling withoout further deficit reductions "irresponsible" and "absurd."
The U.S. stock market surged Wednesday morning, just hours after Congress passed a plan to extend the “fiscal cliff” by extending tax cuts for middle class Americans but raising taxes on the wealthiest households.
California's unemployment rate dipped below 10 percent in November for the first time since January 2009, the Employment Development Department reported Friday.