|
Jun 25
2009
|
Sonoma County Economic ForecastPosted by Bruce Robinson in transportation , tourism , speaker , Sonoma , planning , jobs , housing , government , employment , economy , construction , business , budget |
|
Has the recession bottomed out in Sonoma County yet? Economist Steve Cochrane says the answer is....almost.
Housing prices have fallen by as much as 30%, a bursting bubble that has had repercussions throughout the economy. But Steve Cochrane of Moody's Economy.com points out that not all of them are negative.
While the California Legislature continues to wrangle over its response to the state's budget deficit, Steve Cochrane (right, in an old picture) says the federal stimulus programs are helping soften the situation a little. But he warns that help will only go so far.
China and its trading partners are the brightest spot in the global economy, says Cochrane, and California's location on the opposite side of the Pacific Rim should eventually benefit from that.
Read Cochrane's full report here.

Greenbelt Alliance Executive Director Jeremy Madsen (left) points to the east bay town of Hercules as one community that has proactively embraced a smart growth development plan for their city.
Peter Oliver (left) is the co-owner of 



The North Bay is finally on its way to getting passenger rail service rolling again. But what if it used solar and hydrogen fuel cell technology to be non-polluting and carbon-free?
America has a proud history of rail service reaching back more than a century, notes David Vasquez (right), but much of that has been forgotten as other modes of transportation took precedence.
Mr. Swan's Big Idea is built on the concepts developed by architect and rail advocate Christopher Swann (left) , whose on recent book, Electric Water, concentrates on his vision of a future hydrogen-based economy.
David Vasquez will present a multi-media slideshow about the Sun Train concept at 