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Article: Comerica Bank Economist Predicts Housing Slowdown, Says It Won't Seriously Impact California Economy in 2006.
- Article from:
- PR Newswire
- Article date:
- January 6, 2006
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Dana Johnson Releases First Quarterly California Brief in San Diego, First of Three Presentations in California in January
SAN DIEGO, Jan. 5 /PRNewswire-FirstCall/ -- The California economy should continue to grow at a healthy pace in 2006, despite a likely slowdown in the housing market, Comerica Bank's chief economist, Dana Johnson, said in a report released today.
(Logo: http://www.newscom.com/cgi-bin/prnh/20010807/CMALOGO )
"The coming home price adjustments will be relatively orderly -- denting, but not crushing the state economy," said Johnson, who was in San Diego today for his first of three presentations this month on the state of the ...