Newsroom

12345...
Showing 1-5 of 188

Ventura County suffered a significant recession in 2016, capping off a three-year period of weak economic activity worse than the financial crisis of 2008, a new report shows.

The report, by economist Matthew Fienup, director of the Center for Economic Research and Forecasting, said that while the county has finally recovered the number of jobs lost from 2008-2011, the new positions don’t pay as well nor have they kept pace with the county’s population growth.

Ventura County’s economy, as measured in gross domestic product, shrunk by nearly 3 percent in 2016, led by a loss of nearly $1 billion in non-durable manufacturing (such as the biotech sector). The figure might be revised "but it is reasonable to conclude that Ventura County suffered a significant recession in 2016 and the county saw nearly no growth in either 2014 or 2015."

Download the full press release here.

Keywords : economy

Costa Mesa, Calif. –The City of Costa Mesa and the Southern California Association of Governments (SCAG) Go Human campaign invite residents and visitors to bike, walk, skate or roll to Explore Merrimac, a free street festival to be held on Saturday, April 21, from 12:00 p.m. to 4:00 p.m.. The goal of the event is to allow residents and visitors to test out and provide feedback to the City on potential street improvements along Merrimac Way.

Read the full press release here.

In coordination with the City of Norwalk, SCAG is temporarily pausing work on the Norwalk Green Line Extension Study until further notice. Future updates will be provided once a revised schedule is determined. To receive future notices, please join our mailing list.

LOS ANGELES – The Southern California Association of Governments (SCAG) on Thursday praised the California Air Resources Board (CARB) for adopting ambitious and achievable climate targets, hailing the vote as a win for regional collaboration and long-term sustainability in the state.

Since Senate Bill 375 was passed in 2009, CARB has set and periodically updated targets at both the state and regional level for reducing greenhouse gas emissions. CARB has been working on an update to the target for the past year and, after a long collaborative process with state and regional leaders, has chosen an ambitious and achievable target for Southern California’s emission reduction.

Read the full press release here.

 

12345...
Showing 1-5 of 188