OC business leaders have grown more optimistic about the future of the economy, according to California State University, Fullerton, economists led by Anil Puri.
Their OCBX index rose to 72.4% for the just-started quarter, up from 68.5% in the second quarter. This marks the third consecutive quarterly increase in the index this year.
A score above 50 indicates expectations for future economic growth in Orange County.
For further details, see the July 13 print edition.
For related news, see:
OC Unemployment Falls to 3.5% in May
https://www.ocbj.com/economy/oc-unemployment-falls-to-3-5-in-may/