‘93/’94 Year-End Review and Outlook : Industry Outlook : Continuing low-grade growth in the national economy, coupled with hopes for stability--if not expansion--in California, is the backdrop for the year in business. Here is an assessment of key industries’ prospects.
This report was compiled by Times staff writer Donna K.H. Walters
HOME BUILDING: Construction in California could surge nearly 20%, to 102,000 new homes and apartments, after a year that was the worst for development since the depths of World War II.
