California's economic prospects are bleak, new report says | California | thecentersquare.com

California's economic prospects are bleak, new report says | California | thecentersquare.com

summary of "California's economic prospects are bleak, new report says" By Tom Joyce https://www.thecentersquare.com/california/article_e44af3b4-da36-11ed-837d-072e22cbe706.amp.html

A new report suggests that California's economic future looks gloomy due to a combination of factors, including high taxes, regulations, and the state's high cost of living. The report also highlights the state's worsening demographic trends, including a declining population growth rate, and an increasing number of people leaving the state. Additionally, the report states that the state's infrastructure is in need of significant investment to keep up with the growing demand. Overall, the report suggests that California's economic prospects are bleak and that the state must take significant steps to address these issues if it wants to avoid a further decline.

 

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