A preview of next year’s economy in...
- Share via
A preview of next year’s economy in the five-county area, based on projections by the Los Angeles County Economic Development Corp.:
Orange County
Continuing Hangover: The effects of bankruptcy will probably continue to drag on Orange County’s economy. The county in 1996 should post only modest growth of 1.6% in nonfarm jobs. The area could lose about 5,000 high-tech jobs. However, its unemployment rate will likely remain the lowest in the five-county area, declining slightly from 5.4% to 5.2%. The office vacancy rate should hover around 14.7%--near the national average. Total personal income will probably rise 7.4% and retail sales should grow 4.5%.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
