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Top Economist Sees Continued Growth for LA

LOS ANGELES-Jack Kyser, chief economist for the LA County Economic Development Corp., says the region will keep growing in 2001--just not as fast as last year.

By Erin Cassin | Updated on January 09, 2001

LOS ANGELES-Jack Kyser, the influential chief economist of the LA County Economic Development Corp., says the regional economy should continue growing in 2001, but not as fast as it did in 2000.

“We’re forecasting slower growth, but hopefully steady growth in 2001,” Kyser told more than 1,000 Southland real estate professionals who gathered yesterday for the annual real estate forecast sponsored by the Institute of Real Estate Management’s Greater Los Angeles chapter. “There are no signs of a major decline in California’s economy.”

The conference also included keynote addresses by Mayor Richard Riordan and SunAmerica Inc. Chairman and CEO Eli Broad. Real Estate Southern California magazine, the LA-based sister publication of GlobeSt.com, was the meeting’s exclusive media sponsor.

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