Event looks at county’s financial health

Information on where San Luis Obispo County stands in the state and national economy will be presented June 9 during the second annual midyear update to the Central Coast Economic Forecast.

The event, hosted by the Atascadero and Paso Robles chambers of commerce, is designed as a follow-up to the forum held in San Luis Obispo each November.

“Times are still difficult, and we need to understand not just how the local market is faring but what we can expect from the state and national arena,” Terry Westrope, chair of the forecast’s board of directors said in a statement. In June 2010, the first midyear outlook seminar attracted about 285 business leaders at the Paso Robles Event Center. There, economists predicted that the county would take longer than most places to come out of the economic downturn.

Then, in November, economists described promising signs of a turnaround, citing growth in manufacturing and construction.

Housing prices, sales and employment were also due to rebound slowly in the coming years.

This year’s event is planned for 8:30 to 11 a.m. at the Galaxy Theatres at El Camino Real and Highway 41 in Atascadero.

Speakers include economist Chris Thornberg of the Los Angeles-based Beacon Economics and Allan Zaremberg, president and chief executive officer of the California Chamber of Commerce in Sacramento.

Registration is $50 and includes a light breakfast and a copy of the statistics to be presented.

The deadline to register is Thursday.

To reserve a spot, call the Atascadero Chamber of Commerce at 466-2044 or visit or call the Paso Robles Chamber of Commerce at 238-0506 or visit