Tag Archives: Construction Sector

UCLA forecasts housing recovery next year

Posted on June 23, 2012 by sheri

A recent quarterly forecast by the UCLA Anderson School of Management predicts that the state’s housing market will not begin a recovery until next year. The conclusion by UCLA Senior Economist Jerry Nickelsburg is based in part on the continued … Continue reading →

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Jobs Report Signals More Trouble for Housing

Posted on June 2, 2012 by sheri

weaker-than expected jobs report for May doesn’t bode well for the overall economy, but for housing it is far more foreboding. From construction, to local economies, even to age segments, the numbers are going in the wrong direction. “The May … Continue reading →

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Best Calif. construction growth in 6 years

Posted on April 20, 2012 by sheri

Veteran Southern California real estate analyst G.U. Krueger adds his commentary on the housing market to this blog in a spot we call “Thursday Morning Quarterback.” Here’s his latest installment. … California construction’s industry lost 425,000 jobs in the post-bubble … Continue reading →

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California unemployment falls to 11.1% as payrolls grow

Posted on January 21, 2012 by sheri

California’s jobless rate dropped again in December and payrolls increased for a fifth straight month, boosting hopes that the state’s economic recovery is showing some staying power. The unemployment rate fell to 11.1% in December from 11.3%, the Employment Development … Continue reading →

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California households are doing without, poll finds

Posted on July 24, 2011 by sheri

LOS ANGELES — The Delgado family is putting off plumbing repairs to their San Marcos home. Estela Saucevo’s teeth hurt, but she’s trying to avoid a costly trip to the dentist. Teachers William and Kathy Jones, struggling with pay cuts, … Continue reading →

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Annual conference delivers message to owners: ‘Act now’

Posted on May 1, 2011 by sheri

“Act now” was the final message from keynote speaker Mark Schniepp, principal of California Economic Forecast, at the 2011 Economic and Real Estate Outlook conference. More than 250 people attended Thursday’s conference at the Hyatt Regency Valencia, presented by the … Continue reading →

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