Top header graphic with link to CSUS Home Page california state university, sacramento
Header Graphic
sac state homeuniversity affairspublic affairs

   search CSUS

   main news page

media resources graphic
   news releases
   news and events

   fact & stats
   experts guide
   news by e-mail
   contact news
     services staff

publications graphic
   Capital University

   CSUS Bulletin
   CSUS Catalog
   Viewbook (pdf)
   How-to Guide (pdf)

calendars graphic
   events this month
   search events

people graphic

   new faces
   in the news

   in memoriam

additional news graphic
   Capital Public Radio
   alumni association
   crime alerts
   CSU system
   CSU campuses

visitors resources graphic
   ceremonies and     
     visitor relations

   CSUS ticket office
   campus directory
   campus tours

contact us graphic
   news services
     staff directory

   submit news
     & events



July 25, 2003

Forecast: Region’s economy lags
as state struggles with budget

full report

A state budget deficit that has brought government job growth to a halt and reduced state spending locally will mean very slow job growth in the Sacramento Region over the next 12 months, according to the quarterly CSUS Forecast from the California Institute for County Government at California State University, Sacramento.

The forecast says the key for the region’s economy will be how well private sector job gains can make up for government job losses. That’s a shift for the region, where the government employs one in four workers and where government employment has traditionally helped stabilize the economy.

In June, the seasonally adjusted employment growth in the region was .08 percent, down from 2 percent a year ago. The forecast predicts a slight improvement by next June, though nowhere close to the strong job growth the region was enjoying two years ago.

Statewide, employment growth dipped to -0.63 percent in June, while nationwide job growth was -0.28.

The Sacramento Region’s manufacturing sector continues to lose jobs, as it has since 2001. The construction sector is still gaining jobs, though growth in that sector has slowed.

The quarterly CSUS Forecast of the region's job outlook uses an econometric model of the six-county Capital Region with more than two dozen variables. It was developed by the California Institute for County Government with support from the CSUS Regional Development Initiative. CSUS economics professor Suzanne O'Keefe and Robert Fountain, special assistant for regional development at CSUS, served as project advisors. Shawn Blosser of Databasix provided assistance with model development and programming.

More information is available from Matthew Newman, director of the California Institute for County Government, at (916) 324-0797, or at the institute’s website at Additional media assistance is available by contacting CSUS public affairs at (916) 278-6156.

full report



Bottom bar graphic back to top

California State University, Sacramento • Public Affairs
6000 J Street • Sacramento, CA 95819-6026 • (916) 278-6156 •