Wednesday, February 28, 2007

The Reporter - "Housing slump may soon affect jobs, study says" (2-23-07)

"The East Bay's employment market remains the Bay Area's star performer, but the relentless erosion of the housing market could tarnish the region's economic luster and darken the job outlook, a new report warns. In an assessment that starkly declares 'The East Bay forecast: The real estate juggernaut falters,' a researcher with UCLA's Anderson Forecast said the region faces plenty of economic hazards in 2007. Economist Ryan Ratcliff of the Anderson Forecast suggested real estate will impede the East Bay economy this year. "

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