GROUP HEARS A.V. ECONOMY GROWING\Revival under way but needs promoting, business leaders told.Byline: Jim Skeen Daily News Staff Writer Antelope Valley's economy will rebound, but the region needs to do a better job of marketing itself, speakers told the gathering Friday at the 24th annual Antelope Valley This article is about the Los Angeles County region. For the census-designated place in Wyoming, see Antelope Valley-Crestview, Wyoming. The Antelope Valley Board of Trade Business Outlook Conference. Jack Kyser, chief economist The Chief Economist is a single position job class having primary responsibility for the development, coordination, and production of economic and financial analysis. It is distinguished from the other economist positions by the broader scope of responsibility encompassing the for the Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. County Economic Development Corp., told the 500 business people and civic leaders at the Essex House Essex House can refer to:
1. Convention Center that he expects there will be steady growth in the economy. Among the favorable economic factors are the likelihood of further modest cuts in interest rates and a broad-based economic recovery in California in general. "We've gone through a major restructuring, and we are coming back," Kyser said. Although the overall economy will be good there will be problems, he said. Los Angeles County is going through yet another financial crisis and will likely have to cut jobs, and the Wells Fargo-First Interstate bank merger will cost 8,000 to 10,000 jobs, Kyser said. Kyser said the Antelope Valley needs to present a message of its assets, including its proximity to Los Angeles and its relatively cheap land costs. "You've got the right idea on how to grow your economy, but you have got to communicate what you've got," Kyser said. Irwin Molasky, a co-owner of Ritter rit·ter n. pl. ritter A knight. [German, from Middle High German riter, from Middle Dutch ridder, from r Ranch Inc., a company planning to build more than 7,200 homes in the foothills of west Palmdale, said his company chose the Antelope Valley because of its potential for growth. The Antelope Valley is the only place for Los Angeles County to grow, Molasky said. Molasky also touched on the need to market the region. "We're going to have to be better at public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most . We have to blow our own horn," Molasky said. Keynote speaker Judy Ann Miller, Gov. Pete Wilson's director of military-base retention, said she expects yet another round of base closures even though the federal Base Closure and Realignment re·a·lign tr.v. re·a·ligned, re·a·lign·ing, re·a·ligns 1. To put back into proper order or alignment. 2. To make new groupings of or working arrangements between. Commission completed its work last year. Miller urged the crowd to press its marketing of the area to attract aerospace business and lobby to ensure that bases in other states are not given money to duplicate facilities already in California. "It's now that you must be vigilant," Miller said. "This is not a time for you to stop. You have to press on." |
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