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ECONOMIC UPDATE FOR THE WEEK ENDING JANUARY 8, 2022

Stock Markets – Stock markets rose to record levels on Monday despite a surge in COVID cases. The past seven days marked the highest weekly number of positive cases during the pandemic. New guidance from the CDC shortening quarantine times to...

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Economic Update For The Week Ending December 11, 2021

Stock markets recovered this week – News that the Omicron COVID variant is causing more mild symptoms than previous variants has helped stocks recover from some of their steep loses suffered after the variant was first discovered. The Novembe...

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Fashion Tenants Fill Sportsmen’s Lodge

The Shops at Sportsmen’s Lodge announced Monday four new fashion retail tenants will be added to the newly redeveloped shopping center in Studio City, filling the center to capacity. The shopping and dining area, which officially opened fo...

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job market

L.A. County Unemployment Falls in October

Los Angeles County’s unemployment rate fell to 9.4 percent in October from a revised 9.9 percent in September amid a hiring surge that saw employers in the county add 41,000 payroll jobs, according to state figures. But these added jobs we...

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Economic update

Economic update for the week ending November 6, 2021

U.S. employers added 531,000 jobs in October – The Department of Labor and Statics reported that 531,000 new jobs were added in October. That number exceeded economists’ expectations of 450,000 new jobs. Investors were very encouraged by th...

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Way to go California!

Way to go California!

California has the lowest coronavirus transmission rate of any state following a sharp decline in cases and hospitalizations after a summer surge. The nation’s most populous state is the only one experiencing “substantial” coronavirus ...

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