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UCLA Forecast - Faster Growth Expected by 2014

By
Real Estate Agent

UCLA Anderson Forecast published their economic review for the 3rd quarter. The economic outlook was held on Sept. 20th.  With the upcoming election, it is imperative to understand what will happen to the economy. 

Some highlights from the forecast include:

-Single digit unemployment numbers look promising in 2014. 

-Housing construction will bring lift to the economy in 2013 & 2014

-763,000 housing units in 2012 and under a million projected in 2013

-California's exports are a main driver for employment and economic growth

 

Read the press release here. You could also buy the full report format this site.