This week I had an opportunity to attend the East Bay/San Francisco Economic Forecast Conference. The Bay Area Council Economic Institute teamed with the UCLA Anderson Forecast to pull back the curtains and gaze into the future. They presented forecasts for the Nation, State, and Bay Area. The presenters were cautiously optimistic that the economy would not double-dip into another recession, however, growth would be slow. In addition, the presenters discussed how the recovery would be bi-furcated with certain regions of the country and the state and certain industries recovering faster than others. The Bay Area is positioned to experience a faster recovery than most other regions of the state, yet still at a relatively slow pace. Unemployment will decline, but will remain higher than desired. There was a tremendous amount of information and I encourage you to click on any of the links in this post for more information.
