Economic Outlook - Dean, Sanjay Varshney

Описание: The Sacramento market is modestly improving despite several challenges, according to the "Sacramento Business Review," a publication produced by Sacramento State's College of Business Administration and the Chartered Financial Analyst Society of Sacramento.

In this sixth issue, released July 26, a comprehensive look is offered at emerging trends in Sacramento's economy, including forecasts for sectors such as real estate, labor, the banking industry and small business.

Findings in this issue include:

The small-business sector remains pressured, and the Small Business Confidence Index exhibits continued negative sentiment.
The region had its best addition to non-farm jobs in the last decade. However, regaining peak employment levels could take seven to 10 years.
Sacramento banks are healthier and better-positioned to lend money, but credit growth remains weak.
The retail and industrial real estate markets have improved, and multi-housing is doing very well despite other bad news in real estate.
"While we feel more optimistic than we did last year, we realize there are multiple challenges that still confront us and dampen hopes for a rapid economic recovery," says Sanjay Varshney, dean of Sacramento State's College of Business Administration.

Sponsors of the publication are Wells Fargo, CBRE, SMUD and the CFA Society.

To view the new Sacramento Business Review online, go to www.sacbusinessreview.com/. Printed versions are available at the College of Business Administration.

For more information on the College, visit www.cba.csus.edu or call (916) 278-6578. More information on the CFA Society is available at www.cfass.org/. For media assistance, call Sacramento State's Public Affairs office at (916) 278-6156.