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Economic update for the week ending January 29, 2022

Jan 31, 2022 Stock markets ended the week higher after three straight weeks of loses - The fourth quarter GDP figure was announced Thursday. The Gross Domestic Product (GDP) is the broadest measurement of the health of the economy. It represents the value o...

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California Home Sales, Prices Ease in December

Jan 25, 2022 California home sales and prices moderated in December as mortgage rates edged higher, but home sales for the entire year recorded the strongest pace since 2009, exceeding 2020’s level by 7.9 percent, C.A.R. reported last week. Closed escr...

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Combo of Apartments and Storage Units Proposed in Sylmar

Jan 23, 2022 A storage company has proposed to develop a pair of buildings combining self-storage facilities and residential apartments in Sylmar. According to an Urbanize.LA report, Redondo Beach-based Trojan Storage has applied to Los Angeles Departme...

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Economic update for the week ending January 22, 2022

Jan 23, 2022 Stock markets suffered deep loses this week - Fears of higher interest rates due to The Federal Reserve’s shift in policy to combat inflation hit stock markets hard this week. Substantial loses were across the board and in all industries. The...

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ECONOMIC UPDATE FOR THE WEEK ENDING JANUARY 8, 2022

Jan 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

Dec 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

Nov 30, 2021 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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North Hollywood JEDI Zone Approved by L.A. City Council

Nov 26, 2021 Los Angeles City Council established the city’s first two Jobs and Economic Development Zones, or JEDI Zones, on Nov. 24. One is located in North Hollywood. The JEDI Zone incentive program will provide a competitive advantage for small and...

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