Study: Bay Area Economy On The Mend Soon
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A new study predicts the San Francisco Bay area economy will be on the mend in coming years, and will spring back from its worst slump in decades. The study projects the region´s economy will grow at a rate of 4.3 percent to 5.1 percent during the next three to five years. The study was conducted by the Bay Area Council, the Bay Area Economic Forum and the Association of Bay Area Governments.
It says the key to how fast the Bay Area bounces back will depend, in part, on how long it takes the national economy to recover. The report found the Bay Area remains the most productive regional economy in the nation.
