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Thursday, Apr 18, 2024

Forecast for California: gradual clearing

An economic recovery will begin in the second half of this year, but many Californians won’t feel the benefits until 2010, forecasters from Chapman University said Wednesday. That’s because the Golden State is in its deepest and most profound recession since the Great Depression, dragged down by sluggish construction activity in both the residential and nonresidential markets. For the full story click here

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