Study Predicts Region’s Economy to Spring Back

The Bay Area economy will be on the mend in coming years, springing back from its worst slump in decades, according to a joint study released Monday by three public policy groups.

The region’s economy will grow at a rate of 4.3% to 5.1% during the next three to five years, based on projections from the Bay Area Council, the Bay Area Economic Forum and the Assn. of Bay Area Governments.

The key to how fast the Bay Area bounces back will depend, in part, on how long it takes the national economy to recover.

The report found that the Bay Area remains the most productive regional economy in the nation, and produces goods and services more efficiently than other areas.