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economy

    Editorial: Will JEDI Act Revive Santa Clarita Valley Redevelopment?

    BY LEON WORDEN | SCVNEWS.COM

    The same people who championed Proposition 13 in 1978 are working to restore redevelopment in California.

    Support Local Santa Clarita Valley Shops On Small Business Saturday

    Small Business Saturday on Nov. 30 is a reminder to holiday shoppers to support local shops and put money back into the local economy. There are many Santa Clarita Valley businesses that currently have holiday specials or sales.

    Stay Fit And Stay Flush By Karena Thek Lineback

    By: Karena Thek Lineback

    When the bad economy hit the fitness industry I had one really great thing going for me: I love what I do. So when clients had to drop off because finances became difficult, I invited a few of them back at no charge because, quite frankly, I missed them.  I missed the people and I missed one of the best parts of my job: watching people create drastic, life-improving change.

    Highway 126 Construction To Create Thousands Of Jobs

    Construction on the State Expressway improvement project is expected to create about 1,600 temporary jobs, and an additional 7,000 permanent jobs in the Valencia Commerce Center when completed.

    Santa Clarita Valley Home Prices Up 11 Percent Since Last Year

    According to the Southland Regional Association of Realtors, Santa Clarita Valley home prices have risen 11 percent since this time last year, and condominium prices reached a four-year high. Local experts caution that the economy has not fully recovered.

    Santa Clarita Retail Is Looking Up According To 2013 Retail Survey

    Santa Clarita was recently recognized by the 2013 California Retail Survey, which ranked the city no. 38 among the “Top 50 California Billion Dollar Retail Markets.” The city saw a 7.2 percent increase in sales tax revenue between 2011 and 2012.

    Editorial: Beware Of Foreclosure Scams, By Carl Kanowsky

    Unfortunately, too many people are still facing possible foreclosure on their homes. If the number of calls to my office is any indication, this trend is not likely to end soon.


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    Santa Clarita’s Jobless Rate Ticks Up To 6.7%

    By Leon Worden -- SCVNews.com

    Mirroring a spike in joblessness nationally, Santa Clarita’s and Los Angeles County’s unemployment rates notched up in January as holiday retail jobs were eliminated and motion picture work slowed down.

    Santa Clarita’s unadjusted jobless rate hit 6.7 percent in January, up from December’s 6.2-percent rate but down from the year-ago January figure of 7.4 percent. The unadjusted rate is heavily influenced by the curtailment of seasonal jobs.

    Santa Clarita Valley EDC, COC Host Forum For Local Economic Outlook

    Leaders from throughout the Santa Clarita Valley’s business community descended on the Hyatt Regency Valencia on Thursday for the Real Estate and Economic Outlook presentation.

    Speakers talked about the future of the local and state economy, and some of the forces that will help fuel economic recovery in 2013.


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    Santa Clarita Valley Experts Weigh In On State Of Economy

    The Consumer Price Index, an important economic indicator and index for the cost of living, remained unchanged last month, according to statistics released by the federal government Wednesday.

    Locally, the picture reflects that stability, with an anticipated decline in gas prices contributing to an environment that’s harboring economic growth, said Jason Crawford, director of economic development for the city of Santa Clarita.