KUALA LUMPUR (June 9): While the Total Industry Volume (VIT) for the automotive sector is expected to increase following the exemption from sales tax on locally assembled or completely dismantled units and a 50% reduction in sales tax for units imported from units, the projected increase in demand will notRead More →
EL CENTRO – The Imperial County Board of Supervisors received a dire financial forecast for the upcoming fiscal year 2021-2022 at its regular meeting on Tuesday, June 9. Michael Bracken, Managing Partner and Chief Economist of the Development Management Group, advised the council regarding the local economy and how COVIDRead More →
A new update of the State Revenue and Economic Forecasting Council (ERFC) offered no surprises of an economic slowdown resulting from the COVID-19 response. The “deep recession” has virtually guaranteed spending cuts for the current operating budget, and state officials on the CFRA in its meeting of June 2 saidRead More →