Modest Growth Forecast for Southern California
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Southern California’s economy should expand at a modest pace for the next three to six months, according to an economic forecast.
The Southern California Leading Economic Indicator, a mix of seven different measures compiled by Cal State Fullerton economist Adrian R. Fleissig, grew by 0.16% in the fourth quarter of 2004 over the previous quarter. Fleissig said that presages small growth for the region.
The increase in the Southern California indicator occurred as U.S. leading economic indicators shrunk, signaling slower growth for the nation as a whole.
Nicholas Riccardi
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