Slow recovery seen

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California and the rest of the nation should start to slowly recover from the deep recession in September with Los Angeles leading the way, according to the quarterly UCLA Anderson forecast released today.Gregory J. Willcox in the Daily News.

"L.A. is one of the centers for alternative energy research and development and that's one area that's going to get a lot of investment," said Senior Anderson economist Jerry Nickelsburg, who wrote the California forecast.

William Roberts, director of the San Fernando Valley Economic Research Center at California State University, Northridge, concurs.

"I think L.A. will come out of it before San Francisco and certainly before the Central Valley and Inland Empire," he said.

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Los Angeles Daily News City Hall reporter Rick Orlov writes about politics on the local, state and national stage.

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This page contains a single entry by Rick Orlov published on June 16, 2009 6:09 AM.

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