Tuesday, April 19, 2011

New California and Metro Forecast Released

The quarterly update to our 5 year state and northern California metro forecast has been released. The short-term forecast for the state and most metro areas besides Sacramento has slightly improved, but the longer range forecast is little changed.
* California recovers pre-recession job levels in 2015
* double digit unemployment through the end of 2013
* Bay area leading recovery, while Sacramento is at the end.

For more details, see the forecast webpage.

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