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Slow Economic Growth Ahead, Forecaster Says

Mike Allen, SAN DIEGO BUSINESS JOURNAL

Monday, July 19, 2010

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“Although we are not necessarily predicting a ‘double dip’ recession with more economic contraction in San Diego, the danger exists that growth will be slow, and the economic restructuring taking place in the state and nation will be so profound that the recovery is likely to be painful and difficult for a number of years,” wrote Kelly Cunningham, economist with NUIPR, in a report released July 16.