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MEDIA COVERAGE
2011-2012 LAEDC FORECAST
Wed, Feb. 16, 2011

   

 

 

 

LA economy could get boost from film and TV production,
 
forecast says

Los Angeles Times - 12 hours ago‎

... 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. ...

Orange County to lead the state's economic recovery

Biz Jobs Rebound 16,100 in 2010

Variety - Dave McNary - ‎8 hours ago‎ FRONT PAGE NEWS

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 ...

 

 

Los Angeles On-Location Film Permits Increase By 16% in 2010


Hollywood
Reporter - Alex Ben Block - ‎12 hours ago‎

 

“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, ..

 

LA Economy Is Recovering, But Unemployment Will Stay "Painfully High"

The Beverly Hills Courier - ‎3 hours ago‎

 

``We project that the US economy will grow slightly in 2011 and 2012,' LAEDC Chief Economist Nancy D. Sidhu said, ``but the recession was so deep, 2011 won't feel especially good despite improvements in most industries.' Sidhu projected a drop to the ...

Trade, tourism, TV production to boost local economies

 

OCRegister - Mary Ann Milbourn - ‎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 Orange County job ...

 

 

LAEDC Cautious on LA Outlook

 

Los Angeles Business Journal - Howard Fine - ‎12 hours ago‎

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 ...

 

Report says LA region should add more than 24000 jobs this year as recovery ...

 

Los Angeles Daily News - Dana Bartholomew - ‎9 hours ago‎ FRONT PAGE NEWS

 

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 China, India and Asia. California will likely lag far ...

 

Forecast: County economy to improve over next two years

 

Daily Breeze - Muhammed El-Hasan - ‎11 hours ago‎

"Things are definitely looking up" in Southern California, LAEDC Chief Economist Nancy D. Sidhu said in an interview. "We're going to see one after another after another (county) employment turn higher. And that will certainly be a nice change. ...

 

Whittier Daily News - Kevin Smith - ‎13 hours ago‎

 

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. ...

Don't Quit Your Day Job: LA's Local Economy Stuck in Rehab

LAist - Lindsay William-Ross - ‎3 hours ago‎

Around the rest of the country, LAEDC says the unemployment rate will probably be in the "low eights" but "Los Angeles will continue to lag well behind both national and state rates." Way to go, LA! International trade, tourism, and showbiz will help ...

 

Tourism, trade and entertainment are driving Southland's economic recovery



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
Long Beach. Chief Economist Nancy Sidhu says the ...
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Report States that California Economy is Expected to Grow



San Fernando Valley Business Journal
Southern California has started down the long road of economic recovery, according to a report released by the Los Angeles County Economic Development Corporation. The 2011-2012 Economic Forecast and Industry Outlook Report states that international ...


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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 ...

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