South Bay workers are better paid and more educated than workers overall in Los Angeles County, but they also suffer from a stifled housing market, according to a new review and forecast of local business trends.
The second annual South Bay Economic Forecast and Industry Outlook report was released Thursday at a Cal State Dominguez Hills conference with local business and civic leaders. The study, commissioned by the university’s Economics Institute, was compiled by Los Angeles-based Beacon Economics.
The report found the region is economically stable, with steady growth, and is well-positioned for a boom with coming major developments such as the Los Angeles Rams stadium in Inglewood and high-paying innovative technical industries that are emerging … Source: Daily Breeze
