Posts Tagged ‘California’

California’s “comeback economy” has been getting a lot of ink. But terms like “comeback” and “recovery” are grossly misleading. Examples: California’s construction industry has not recovered. Its aerospace industry has not recovered either — and isn’t likely to. Instead, the California “recovery” is more like a transformation — a molting or mutation. Reason: The California…

San Francisco — California’s economy is not only recovering, it is reinventing itself. That’s a major punchline of a new study by the Center for the New West. According to the 32-page report, authored by Center senior fellow Joel Kotkin and Steve Levy of the Center for the Continuing Study of the California Economy, the…