EDITORIAL SECRET OF SUCCESS.The stock market is plunging. Gas prices keep rising. Inflation, too, is flaring up. Houses are sitting on the market longer, and the Index of Leading Economic Indicators index of leading economic indicators An index that is compiled by the Conference Board, a private-sector consulting firm. The index is designed to indicate the future direction of economic activity. , that old harbinger of economic doom and gloom doom and gloom n. Gloom and doom. doom  -and-gloom adj. , is behaving ominously. But despite all this scary news emanating from Wall Street and elsewhere, things are still looking rather bright for the San Fernando San Fernando, city, Argentina San Fernando (săn fərnăn`dō), city (1991 pop. 144,761), Buenos Aires prov., E Argentina. It is a district administrative center in the Greater Buenos Aires area. Valley's economy for the next few years. Other parts of the nation may be struggling with job loss, but the Valley is projected to add more than 10,700 new jobs this year and 12,300 next year. Average wages and salaries for all private-sector employees should grow by 4 percent to 5 percent annually. So says a new study out Friday by the San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. Economic Research Center at California State University, Northridge CSUN offers a variety of programs leading to bachelor's degrees in 61 fields and master's degrees in 42 fields. The university has over 150,000 alumni. It's also home to a summer musical theater/theater program known as TADW (TeenAge Drama Workshop) that leads teenagers through an . The author of the report forecasts ``strong and sustainable'' growth up until 2008. After a week of bad financial news, it was nice to end on a high note. More jobs, bigger paychecks all spell some measure of stability in a world rocked by war, unrest and possible pandemics. None of this would be possible without the hard work by the Economic Alliance of the San Fernando Valley, which tirelessly promotes the area's business in its quest to protect one of California's last bastions of the middle class. And therein lies the ultimate secret of the Valley's success. Rather than being rooted in one industry, like the Silicon Valley, or populated by socially, economically and ethnically homogenous homogenous - homogeneous neighbors, like many wealthier cities, the Valley's got a healthy diversity of people and businesses that fosters growth. That's why it's incumbent upon the community to continue to push its interests to an often uninterested city at large. Clearly, that's the right approach. Projected growth in the face of national economic jitters jitters 'Butterflies' Psychology An episode of nervousness or anxiety that often precedes a public event; jitters is a type of performance anxiety which may affect actors in a stage production–stage fright or soloist musicians; it may respond to anxiolytics indicates something very right is going on in the San Fernando Valley and it's important for the community's people and businesses to work together to preserve this healthy climate that benefits everyone. |
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