Category Archives: Southern California

Southern California, Recovering and Transforming

Transformation is occurring in downtown Los Angeles with a number of mega-development projects underway or on the drawing boards. Greenland U.S. Holding Inc. broke ground this year on the first phase of the mega-project named Metropolis. The $1 billion project … Continue reading

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Southern California Maintains Positive Outlook in 2014

Southern California labor markets continue to recover heading into 2014. Regional nonfarm employment gained 115,600 jobs in the 12 months ending in December. Boosts to nonfarm payrolls in 2013 included professional and business services, education and health services, and leisure … Continue reading

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Southern California Continues Recovery Heading Into 2014

Southern California labor markets continue to underperform the national average, yet they are making headway to recovering from the greatest recession since the Great Depression. Payroll employment grew at 1.6 percent from a year ago in October, remaining below the … Continue reading

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Southern California Economy Improves Yet Faces Sequester Uncertainties

Southern California labor markets are underperforming the national average. Payroll employment growth dropped to 1.5 percent from a year ago in Q2, slightly below the national average of 1.6 percent. July payroll employments in the 3 metropolitan areas that comprise … Continue reading

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Southern California Improving as Housing Firms

The Southern California economy is showing signs of improving, as payroll jobs increase and housing markets heal. Job growth in the Southern California area is on par with the national average, but is lagging behind Northern California. The unemployment rates … Continue reading

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Southern California Improving, But Still Lagging

The Southern California economy is showing signs of improving, as payroll jobs increase and housing markets slowly heal. We emphasize the slowly in the previous sentence because the region remains plagued by high but improving foreclosure rates, especially in inland … Continue reading

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Southern California at Critical Crossroads

The Southern California economy has shown sporadic growth over the past year, sitting at the juncture of several positive and negative economic trends.  Good news comes from LAX where air passenger traffic in June was up two percent from a  … Continue reading

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Southern California Faces Challenges

In addition to entertainment and tourism, Southern California relies heavily on international trade and defense spending. The ports of Los Angeles and Long Beach together are the fifth-busiest port in the world. The good news in the Southern California story … Continue reading

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Southern California Faces Challenges

In addition to its marquis entertainment industry and associated tourism industry, Southern California relies heavily on international trade and defense spending. The ports of Los Angeles and Long Beach together are the fifth-busiest port in the world. The good news … Continue reading

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