Ventura County's 'sluggish' economy lags behind rest of region, report says
LOS ANGELES — Despite a wealthy and well-educated populace, Ventura County has the worst-performing economy in the greater Southern California regi...
LOS ANGELES — Despite a wealthy and well-educated populace, Ventura County has the worst-performing economy in the greater Southern California region, according to a new report released Thursday by a team of economists convened by the Southern California Association of Governments. The report was presented at SCAG's annual Southern California Economic Summit and covers Ventura, Los Angeles, Orange, Riverside, San Bernardino and Imperial counties. Ventura County was singled out in the report for having 'the most sluggish' economy in the six-county region, one characterized by weak job growth, a shrinking population and high housing costs, leaving the region relatively ill-prepared for continued inflation or a recession that most experts see on the horizon.