The good news is California’s economy will keep growing this year. The bad news is it will be more of the same lackluster growth the state has seen since the recession ended in 2009.
California will experience a fourth straight year “of sluggish recovery,” according to a forecast released Tuesday by the University of the Pacific.
That translates into gradually subsiding unemployment and improvement in key metrics such as income. But there’s no economic boom in sight, at least not in 2013. UOP predicted growth would improve in 2014 and 2015.
Read more here: http://www.modbee.com/2013/02/13/2576919/fourth-year-of-sluggish-growth.html#storylink=cpyView Article