January 8, 2018
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Orange County executives stared at a considerable wall of worry to start 2019.
ECONOMY: Job growth here will slow, but ‘let’s enjoy the sun’
Tough week to deliver a rosy economic forecast. The global equities markets were pounded by more than 10%, and earnings season here disappointed (see Q3 bank story, this page).
ECONOMY: More now in health, business services
Social workers and business consultants were the biggest job winners in the past two decades in Orange County.
ECONOMY: Sales hopes, hiring plans pop CSUF index to record levels
Orange County executives expect the regional expansion to keep going in the third quarter. In fact, they pushed the optimism needle into the red.
Hiring Plans Goose Index Amid New Concerns
In looking to the second quarter, Orange County executives kept up the optimism. That’s according to California State University-Fullerton’s Orange County Business Expectations Survey, whose composite index held near its all-time high, dipping slightly quarter-over-quarter from 95.2 to 94.4.
Heads academic affairs for 40K students, largest CSU school … ex-dean there, biggest business school in state, fifthbiggest U.S. … six-year, $50M capital campaign for school, built Steven G. Mihaylo Hall, named Mihaylo school … 40 years, CSUF … co-director, 25 years, CSUF Center for Economic Analysis & Forecasting; presenter, biannual economic OC, U.S. forecasts, 20 years … master’s econ, Panjab U., Chandigarh, India; Ph.D., U. Minn.
In looking out to the first quarter, Orange County executives turned up the optimism. That’s according to California State University-Fullerton’s Orange County Business Expectations Survey, which popped seven points from 88.2 to 95.2 quarter-over-quarter.