The Commerce Department says the national economy is still growing albeit very slowly, thanks to an uptick in consumer spending and a boom in the housing market. While some have taken this as a sign that the country is getting back on its feet after the Great Recession, there are other signs that point to a less rosy future. This year, business investments have declined amid a slowdown in job growth. In California, layoffs and a steady decline in investor funding have raised fears that we may be in a tech bubble that is deflating. We’ll discuss economic trends in the Bay Area and across the nation at large.
The State of the Economy: Slow Growth or Trouble Ahead?
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Protesters gather to demand more jobs. (Spencer Platt/Getty Images)
Stephen Levy , director of the Center for Continuing Study of the California Economy
Mark Vitner, managing director and senior economist at Wells Fargo
Sylvia Allegretto , labor economist at the Institute for Research on Labor and Employment