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California economy to slow in 1970 experts say
Experts including Richard Lazanski and Bill Roberts expect California’s economy to slow in 1970 with continued inflation and little drop in interest rates. Personal income should rise about 7 to 7.5 percent, unemployment may edge up, and housing finance will stay tight as money remains scarce for mortgages and construction.
MENTIONED IN THIS ARTICLE
John M. Leighty
San Francisco
UPI
California
Richard Lazanski
State Department of Finance
Bill F. Roberts
University of California At Berkeley
Roberts
Joe Wahed
Wells Fargo Bank
Wahed
Arly
Bank of America
Uc Bein
Preston Martin
Federal Home Loan Bank Board