California economy: A soft landing, or a mild recession?
California economy: A soft landing, or a mild recession?
The latest UCLA Anderson Forecast for California offers two potential scenarios for California’s economy — a soft landing led by such factors as more construction and increased demand for defense goods, or a mild recession with elevated unemployment rates.
The biggest source of uncertainty is tied to national economic policy.
“In the coming months, the Federal Reserve will reach that fork in the…