Valley helping local recovery

The San Fernando Valley will be one of Southern California's best-performing markets this year as its entertainment and tourism sectors help pull Los Angeles County out of the recession, according to a forecast released today.Gregory J. Wilcox in the Daily News.

The midyear report by the Los Angeles County Economic Development Corp. says the region is fulfilling earlier predictions for recovery, although an anemic one, from its economic woes.

"Basically, we thought it would be a slow recovery and unfortunately this forecast is coming true," economist Jack Kyser said in issuing the last forecast before he retires. "But we are in recovery, and I think that's very important to recognize."