Topics

Wells Fargo

Can California's economy keep its momentum?

Can California's economy keep its momentum?

As head of the Los Angeles office of global engineering firm Arup, Jon Phillips has a panoramic view of the economy — through his diverse array of clients. When the real estate market crashed in 2007 and 2008, the firm shifted a significant chunk of business overseas to projects in China and the Middle East. Now the focus is almost entirely domestic, with a slate of high-profile local projects including a budding tech campus in Playa Vista, a sprawling new Kaiser hospital in San Diego and the design of Metro's Crenshaw/LAX light-rail line. "I see quite a healthy confidence" in the regional economy, Phillips said. "New inquiries are higher than they have been...

Loading
70°