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Los Angeles County Economic Development Corporation 2006-2007 Mid-Year Forecast To Be Release Wednesday At Business Event

Los Angeles County Economic Development Corporation (LAEDC) presents its 2006-2007 Mid-Year Economic Forecast update covering 13 areas in LA County, North and South Orange County, and four areas in the Riverside-San Bernadino area.

(PRWEB) July 11, 2006 -- Embargoed 2006-07 Mid-Year Forecast Until
12:01 A.M. (PST) Wednesday July 12, 20065

What:    LAEDC’s 2006- 2007 Mid-Year Forecast

Who:   Jack Kyser, Senior V. P. & Chief Economist, LAEDC
   Leslie Appleton-Young, V. P. & Chief Economist, Cal.
        Assn. of Realtors
   Mary Nichols, Chair of LA DWP,
        Professor-in-Residence at UCLA             
        School of Law and Director of the UCLA Institute of
        the Environment Gary Zimmerman, Senior Economist,
        Federal Reserve Bank of San Francisco
   Robert Bach, National Director, Market Analysis,
        Grubb & Ellis (Call now for advanced interviews. The
        Forecast is out Wed morning)

When:    WEDNESDAY MORNING, JULY 12TH
Where:    Los Angeles Marriott Downtown - Grand Ballroom
         333 S. Figueroa Street
         Los Angeles, California 90071

Background: The LAEDC will release its entire “2006-2007 LAEDC Mid-Year Economic Forecast Update,” Wednesday, July 12, 2006, at a breakfast event. Senior Vice President and Chief Economist Jack Kyser will explain what’s driving the “quiet boom” in the economies of Los Angeles, the region and California. The LAEDC Forecast updates the industry ratings. Six receive “A’s” and three others “B’s.” Two industries, international trade and tourism will see record levels of activity. The region’s signature motion picture industry is breathing a little easier, but still faces major challenges.

The LAEDC Forecast is attended by more than 250 of LA’s business, civic and political representatives. The Mid-Year Economic Forecast & Review will bring industry experts together to report on issues affecting those who live in the SoCal region. The panel of industry experts will discuss the following hot-button issues: the environment, housing, commercial real estate, sub regional economic performance, U.S. Economy and the financial markets.

[Editors: The 85 page LAEDC Forecast will be posted at 12:01 A.M., Wednesday, July 12, 2006, @ www.MayoCommunications.com/home.htm and www.laedc.org. Media please call for advanced copy or link.
We will have Spanish speaking Henry Leyva, 661-253-3175 available for all Spanish media.

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George S. Mc Quade III
MAYO Communications & MAYO PR
818-340-5300
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