Economy Fears Grip Inland Empire

Summary


POMONA - Inland Empire residents have low consumer confidence, are quickly losing home value and feel that crime is rising when it really isn't, according to an economic presentation offered Wednesday at Cal Poly Pomona.

The series of studies, now in its third year, was presented by fellows of the Cal Poly Pomona Center for Inland Empire Studies. The presentation draws upon a survey of about 1,000 residents in the Inland Empire to mine data and make predictions and correlations that explain the community.

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Economy Fears Grip Inland Empire

Cal Poly economist Greg Hunter said data from the survey shows that consumer sentiment has taken a dive since April 2007.

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