... according to a forecast scheduled to be released Wednesday by the Los Angeles County Economic Development Corp. "We're looking at an economy that is poised to start to growing again in 2011," said Nancy Sidhu, chief economist of the LAEDC. ...
Variety - - 8 hours ago FRONT
The forecast, released Wednesday, estimated that regional entertainment employment hit 154900 jobs last year -- 136983 people in the motion picture and sound industries and 17917 in TV and radio. LAEDC chief economist Nancy D. Sidhu said showbiz ...
“People who have money are beginning to look at what they are going to do with it,” she added, “because they too have come to the conclusion the recession is over and it's probably safe to go out again.” Sidhu has been with the LAEDC for 11 years, ..
``We project that the
OCRegister - - 5 hours ago
Sidhu still worries about financial services especially
with stricter banking regulations and exposure by community banks to problem
commercial real estate loans. And residential real estate will continue to
lag. LAEDC's forecastfor
The annual forecast from the Los Angeles County Economic Development Corp. projects a mere 0.6 percent payroll job growth this year after a loss of 63500 jobs last year. Next year, job growth should be more robust, with theLAEDC projecting 70000 new ...
The LAEDC will officially release its forecast during a panel discussion downtown. It
includes a prediction of 3.1 percent growth in the national economy this year,
spearheaded by expansion in
Daily Breeze - - 11 hours ago
"Things are definitely looking up" in
s 2011-12 Economic Forecast and Industry Outlook, which was released today. "The theme we have to take from this is that the economy is growing again," said LAEDC Chief Economist Nancy Sidhu, who had a big role in preparing the report. ...
LAist - - 3 hours ago
Around the rest of the country, LAEDC says the unemployment rate will probably
be in the "low eights" but "
89.3 KPCC Brian Williams
The recession plunged the region into a big hole, however, the LAEDC's forecast says we're digging out. A rebound in international trade means a lot more work for longshore workers at the ports of LA and
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Film, TV, Spot Production Key To Economic Recovery In LA SHOOT Online (LAEDC) forecast regards motion picture, TV program and commercial production as key contributors to the prospects for an economic recovery in LA The ...