04/26/2024

UOP Economists See Brighter Times Ahead for Sacramento and California

Had enough of the sluggish economic recovery? Things should start picking up considerably next year, at least in California and Sacramento, according to an economist at the University of the Pacific.

Citing the healthier housing market, improved state budget situation and the prospect of a new downtown NBA arena, UOP economist Jeff Michael said Thursday that Sacramento’s job market will pick up steam in 2014 and 2015.

In the quarterly report from the UOP Business Forecasting Center, Michael said the state’s economy will show marked improvement as well.

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