Results tagged “ladec”

This morning at the Marriott Downtown, Los Angles Development and Economic Corporation (LADEC) financial uber-guru Jack Kyser will be presenting the 2008-09 LAEDC Forecast Results, a 71-page document entailing the region's financial future. Highlighting a recession watch, the crumbling housing market, and growth opportunities such as tourism, one loosely dubbed as "Its NOT business as usual!" talks strike and its ill-economic impacts upon the city. From the Hollywood Reporter:

The figure includes lost wages from TV shows that were canceled and films that were put on hold as well as a plethora of support services, ranging from limo drivers to florists. Kyser suggested that the cancellation of the Golden Globes resulted in a $60 million shortfall for the community.

Continue reading "That'd be a $2.5 Billion Strike"