California came several years late to the nation's economic recovery party, but the state should be celebrating all through 1997.
Here is what key industries will be up to:
HEALTH CARE: Don't expect the industry to call a time out in the near-record level of merger and acquisition activity of the last year. Hospitals, medical groups, long-term care and home health companies, and health insurers will continue to pair up to get a leg up on the competition. With criticism of managed care continuing, Congress and state legislatures may take a more active role, passing piecemeal reforms.