What's in the Future
April 9, 2009
I attended the Business Press' Economic Forecast event yesterday at the Ontario Convention Center in Ontario, California. Dr. John Husing, the expert on the Inland Empire economy and Dr. Stuart Dorsey, President of the University of Redlands were principal presenters. Also included in the program was a case study of the Reno/Tahoe Economic Development Project. The added attraction was the grand finale of some remarks by Governor Arnold Schwarzenegger. I must say that the governor was a great closer for the event as he was upbeat on the future,
I could cite some of the forecasts, but I shall not as those of you who follow my blog have seen the numbers for housing in the Inland Empire and can track them over time to draw your own conclusions as to where we are in this particular real estate or economic cycle.
A point was made that the Inland Empire is a "blue collar worker" region. Our economy is driven by manufacturing, distribution and construction. "Blue Collar" is usually used synonymously with less educated or uneducated workforce; brawn versus the professional. However, one statistic that was put forth was that we are also a region with over 30 colleges and universities. There has been a growth in our region for higher education beyond a high school diploma and private for-profit colleges are locating here to fill that need. Institutions such as National University and University of Phoenix have located in the Inland Empire and their enrollments are increasing.
Schwarzenegger's message: "Good things are happening. There are lots of uncertainties, but we always come back."
For folks contemplating a home purchase, it may be time to become serious about finding a home.
I attended the Business Press' Economic Forecast event yesterday at the Ontario Convention Center in Ontario, California. Dr. John Husing, the expert on the Inland Empire economy and Dr. Stuart Dorsey, President of the University of Redlands were principal presenters. Also included in the program was a case study of the Reno/Tahoe Economic Development Project. The added attraction was the grand finale of some remarks by Governor Arnold Schwarzenegger. I must say that the governor was a great closer for the event as he was upbeat on the future,
I could cite some of the forecasts, but I shall not as those of you who follow my blog have seen the numbers for housing in the Inland Empire and can track them over time to draw your own conclusions as to where we are in this particular real estate or economic cycle.
A point was made that the Inland Empire is a "blue collar worker" region. Our economy is driven by manufacturing, distribution and construction. "Blue Collar" is usually used synonymously with less educated or uneducated workforce; brawn versus the professional. However, one statistic that was put forth was that we are also a region with over 30 colleges and universities. There has been a growth in our region for higher education beyond a high school diploma and private for-profit colleges are locating here to fill that need. Institutions such as National University and University of Phoenix have located in the Inland Empire and their enrollments are increasing.
Schwarzenegger's message: "Good things are happening. There are lots of uncertainties, but we always come back."
For folks contemplating a home purchase, it may be time to become serious about finding a home.
posted by shirley harry at 6:32 AM
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