Sacramento Business Review

Emerging Trends in Sacramento's Economy
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Sacramento Business Review Volume 2 Issue 1: 2010 Economic Forecast

Full Document

Economic Overview | Real Estate | Banking | Capital Markets
Dean's Message | About the Authors  | Supporting Sponsors


 

Dear Friends,

 

I am delighted to share the 2010 market forecast by the Sacramento Business Review with you. Already recognized for its credibility and independence, the Sacramento Business Review provides the most thoughtful, intellectually sophisticated, and comprehensive analysis of the Sacramento economy - prepared by the region's very best financial analysts and researchers. To download your free copy please click on the links above.

 

As the world recovers from an economic collapse and the national economy is on the rebound, Sacramento unfortunately remains pressured with continued job losses and heightened uncertainty due to a growing state deficit. Unemployment will worsen beyond the already current record highs, housing and real estate will continue to drift in search of a bottom, bank credit will remain tight, and all of these will compound to weaken the regional economic health. On the bright side, our recession in Sacramento may end as early as the second quarter of 2010, and capital markets provide hope with stable local corporations and the SBR Index outperforming.

 

With this issue, we renew our commitment to deliver the very best economic and financial research to the region. I invite your feedback. Please do not hesitate to let me know how we may improve future issues or if you wish to be a supporting sponsor.

 

Warm regards,

 

Sanjay Varshney, Ph.D., CFA
Dean, College of Business Administration

(916) 278-6578 | cba@csus.edu | www.cba.csus.edu

 

Sanjay Varshney is Professor of Finance and Dean of the College of Business Administration at California State University, Sacramento. He previously served as the Dean of the Business School at State University of New York in Utica for five years. At age 31 he became one of the youngest deans in the country to lead a business school. His prior experience includes working at University of San Francisco, Citigroup, Arthur Anderson, and as a portfolio manager. He earned an undergraduate degree in Accounting and Financial Management from Bombay University, a Master’s degree in Economics from the University of Cincinnati, and a Ph.D. in Finance from Louisiana State University in Baton Rouge. He also holds the Chartered Financial Analyst (CFA) designation. Dr. Varshney serves as the chief economist for the Sacramento Business Review.