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South Coast University's Economic Forecast: More Slow National, State Growth

The latest economic forecast by a South Coast university predicts we’ll see continued slow growth for the country as a whole, and only just slightly better than that expansion at the state level.

The California Lutheran University Center for Economic Research and Forecasting says growing conflict between state, and federal officials mean that even if federal policies improve the national picture, California is less likely to benefit.

The report says it would take significant tax, and regulatory reforms to help the national economy grow at a meaningful rate, but that there is no sign yet that the new administration is ready to take those steps.

The Thousand Oaks based university is the parent of KCLU Radio.

Lance Orozco has been News Director of KCLU since 2001, providing award-winning coverage of some of the biggest news events in the region, including the Thomas and Woolsey brush fires, the deadly Montecito debris flow, the Borderline Bar and Grill attack, and Ronald Reagan's funeral. 
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