Even as the current political climate makes markets nervous, the South Bay region of Los Angeles is well poised for the next decade. The 2024 South Bay Economic Forecast predicted a bright near-term future for the region, namely due to its skilled workforce and cutting-edge companies. Hundreds of industry and government leaders attended the Oct. 24 event at CSUDH, which also marked the forecast's 10th anniversary. Moderated by Frank Mottek of 790 KABC’s Mottek on Money radio show, the event began with CSUDH’s South Bay Economic Institute discussing their 2024 South Bay Economic Forecast and Industry Outlook, a report which explores economic sectors including real ... Read More
Economics
Economic Forecast Touts Strength of the South Bay
The South Bay has proven remarkably resilient in the face of recent economic challenges and uncertainties, and is well poised to weather future changes. That optimistic message was woven throughout CSUDH’s ninth annual South Bay Economic Forecast on Oct. 26, where more than 300 industry leaders gathered to listen to CSUDH and business experts discuss the region’s economic trends. Moderated by Frank Mottek of 790 KABC’s Mottek on Money radio show, the event began with CSUDH’s South Bay Economic Institute discussing their 2023 South Bay Economic Forecast and Industry Outlook, a report which delves into sectors of the economy ranging from real estate to entrepreneurship, manufacturing, the ... Read More
KABC 790: Mottek on Money Interview with CSUDH Economics Institute
Source: KABC 790 On the day of the 2023 South Bay Economic Forecast, Frank Mottek broadcast his program from CSUDH and interviewed the South Bay Economics Institute (from 26:34). Listen to the broadcast below: ... Read More
Daily Breeze: South Bay Economy Will Continue Thriving Despite Challenges, CSUDH Economists Say
Source: Daily Breeze While unemployment is expected to increase moderately in the next two years, the South Bay’s economy is will continue weathering challenges and growing, thanks to hyperinflation flattening, the region’s innovative industries and a strong overall labor market. That is according to researchers and economists at Cal State Dominguez Hills, who presented their findings during the ninth annual South Bay Economic Forecast conference this week. “Somehow, the economy keeps performing well,” Fynnwin Prager, co-director of the university’s South Bay Economics Institute, said during the Thursday, Oct. 26, conference. “That is in spite of really high inflation last ... Read More
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
