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Real Estate/Development

Oct. 2, 1999

Southland economy continues to roll

Powered by the nationwide rise of income and employment, Southern California's economy will perform nearly as well during the second half of this year as it did in the second half of 1998, according to a Bank of America forecast.

Powered by the nationwide rise of income and employment, Southern California's economy will perform nearly as well during the second half of this year as it did in the second half of 1998, according to a Bank of America forecast.
Nonfarm employment is growing at a sturdy pace, while the unemployment rate continues to decline, says Nancy Sidhu, the bank's Southern California economist. New workers are moving into the area from around the world to take advantage of the job op...

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