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California’s growth has slowed, but a recession isn’t looming

Monday, July 1, 2019   /   by Angel Murillo

California’s growth has slowed, but a recession isn’t looming


California defied naysayers by putting in another solid economic performance in 2018, but the state’s momentum has slowed, according to a new report from Beacon Economics.

Is another recession headed our way?

Not likely. The slowdown doesn’t signal a pending recession this year or the next, the study said. 

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