Grim economic forecast

‘Historic, lifechanging event’ affects all sectors

State and local economies face difficult times ahead as a pandemic-induced, seismic shift continues to transform the work place, a panel of experts said during a presentation hosted last week by Cal Lutheran University’s Center for Economic Research and Forecasting.How the virus has affected the economy depends on “whose eyes” are doing the looking, said keynote speaker Matthew Fienup, CERF’s executive director and lead forecaster.

The retail and hospitality industry lost more than a quar...

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