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Article: Bank of America delivers upbeat economic forecast for San Diego.
- Article from:
- Business Wire
- Article date:
- September 26, 1996
CopyrightCOPYRIGHT 1996 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN DIEGO--(BUSINESS WIRE)--Sept. 26, 1996--Trade, technology and tourism will continue to propel San Diego's growing economy, according to a Bank of America forecast released Thursday.
"After a painful restructuring, San Diego's resurgent economy is poised for considerable growth," said Howard Roth, Bank of America's director of regional economics. "What seems remarkable now is the relative speed with which the county shed its reliance on defense-related industries and made the move to a more diverse, knowledge-based economy."
Employment statistics underscore San Diego's continuing expansion. The county has bounced back from a punishing recession that wiped ...