Recent Quote from the Leonard Letter, put out by Board of Equalization member Bill Leonard.
ISSUE FOCUS
Another Forecaster on California's Economy
“When the press talks about the economy, they mostly like to quote the Anderson School at UCLA, which has been upheld as an unbiased source. I no longer have confidence this is true. For balance, and because I believe that competition is healthy, I have started looking at the University of the Pacific’s Eberhardt School of Business releases on the economy. The Business Forecasting Center at the Uof P is only about a year old, but its product has already caught my eye because the work tends to include detailed local and regional perspectives on California that I have not seen covered in other reports. The style is clear and not clouded by academic gobblygook. I commend Professor Sean Snaith for his work communicating economic information to the public. Beyond the California summary, the areas covered are: Fresno, Merced, Modesto, Oakland, Sacramento, San Francsico, San Jose, Santa Rosa, Stockton-Lodi, Vallejo-Fairfield-Napa, and Yolo.”
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