Released October 01, 2019 | SUGAR LAND
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Recent reports released by the UCLA Anderson Forecast and other economic researchers have identified trends indicating the strong California economy is heading for a slowdown in 2020. Although the unemployment rate has remained low in the state, the effects of high taxes and strict regulations on businesses, coupled with the expensive housing market and growing fears of a looming recession are putting the brakes on the overall economic performance in the state, potentially bringing it down to no better than the national average. Industrial Info is currently tracking 168 Industrial Manufacturing projects in California valued at approximately $62 billion. Click here for a list and see graph below for a investment by county. If these trends continue, there could be a slowing of investment in the state's industries as a result.
