In spite of uncertainty around interest rates and inflation, the South Bay has reasons to be optimistic over the next year. Such was the mixed economic picture painted in the 2022 South Bay Economic Forecast and Industry Outlook, which was released on Oct. 13 at the 8th annual CSUDH South Bay Economic Forecast, where more than 200 industry leaders gathered on campus to hear about the challenges and opportunities facing the region. Developed by CSUDH economics and public policy faculty through the CSUDH South Bay Economics Institute, the report presented an in-depth look at the economic health of key industries in the region, as well as housing trends, ... Read More
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Daily Breeze: South Bay Economic Forecast Predicts Mixed Bag of Financial Fortunes
Source: Daily Breeze The South Bay economic forecast has neither ominous storm clouds nor clear skies ahead — but predicts, rather, a moderately sunny future, with some mildly concerning clouds looming. That’s according to the authors of the eighth annual South Bay Economic Forecast and Industry Outlook. The clouds – inflation, supply chain disruption, slowing growth of the gross domestic product – are the same ones hovering across the rest of the country, as many experts predict some form of a recession on the way. But there is reason to believe that the South Bay is poised to weather the future financial storm with resilience, experts said earlier this week. A key part of that, ... Read More
