“A lot of the indicators say

[4plexowner]

“A lot of the indicators say there’s a significant amount of black work being done, and a lot of that is being done in Southern California,” Kyser said.”

“It’s a two-track economy. You’ve got housing, finance, the auto industry struggling, but you’ve got other industries growing very slowly,” said Jack Kyser, chief economist for the LAEDC.”

http://www.dailybreeze.com/ci_8310186

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So, let’s see, here are the factors that will prevent a recession in SoCal:

– new ride at an amusement park
– black military projects (so classified that they don’t exist)
– Chinese visitors spending the night

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I feel loads better now – I was concerned that SoCal might be in for a tough time …

I mean, as long as we have “other industries that are growing slowly” we should be OK shouldn’t we?