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Happy News: Major OC Job Growth Projected!

While we’ve been busy working on bathroom remodeling, kitchen renovations and installing gorgeous new hardwood flooring through ought Orange County other industries have slowed during the recession of the past few years. But the Orange County Register posted today that Orange County is poised for major job growth with local employers expected to add more than 100,000 workers to payrolls over the next three years, according to a 2011 economic forecast released today by Cal State Long Beach.

The forecast predicts Orange County will lead the region in hiring, adding a modest 19,000 new workers this year after losing that many in 2010. Next year, however, hiring is expected to more than double to 39,000 new positions and then grow by another 43,000 in 2013.

While a healthy turnabout from the job losses of the last four years, Long Beach’s forecast for 2013 still would leave Orange County employment 64,000 below the peak of 1.5 million in 2006.

Grobar said Orange County and the region are finally getting back in sync with the national economy after taking greater hit from the mortgage meltdown and real estate slump.

The forecast predicts the U.S. gross domestic product to increase 2.7 percent this year and that employers will hire an average 200,000 new workers a month nationwide.

Manufacturing in Orange County is one of the sectors getting a particular boost from the lower dollar and an increased appetite overseas for electronics and transportation equipment and metal and machinery manufacturing. The forecast predicts local manufacturers will add 9,500 workers in the next three years.

Another strong sector will be business and professional services. The forecast estimates nearly 27,000 new jobs will be created in that sector.Grobar said a lot of the growth has been in professional, scientific and technical services. Orange County’s tourist industry, which has shown strength, will continue to grow, adding nearly 16,000 jobs over the next three years.

The forecast expects even the hard-hit construction sector to make a comeback with 1,800 jobs this year, 1,300 in 2012 then 8,700 in 2013.

Lagging sectors will include retail, information, which is hurt by the declining telecom employment, and government.

CSULB’s Orange County forecast had the advantage of more recent data than the four other major outlooks, which were prepared well before the run-up in gasoline prices, the Japanese earthquake and tsunami and the unrest in the Middle East.

The Long Beach forecast placed it in the middle of the pack for this year’s employment outlook.

The Los Angeles Economic Development Corp. had the least optimistic Orange County job outlook this year, predicting 15,600 new jobs. UCLA was the highest with 24,000. Chapman University was close behind with a forecast of 23,000.

Cal State Long Beach forecast Orange County employers will add 19,000 jobs this year, placing it in the middle of the pack for this year’s employment outlook.

Read More Here

Compare the forecasts
2011 forecast Cal State Long Beach (May 2011) LAEDC (Feb. 2011) Chapman University (Dec. 2010) Cal State Fullerton (Oct. 2010) UCLA (Oct. 2010)
O.C. job growth 19,167 15,600 23,000 18,300 24,000
O.C. unemployment rate n/a 9.2% n/a 8.6% 8.6%
O.C. personal income growth n/a 4.1% 3.6% 3.6% 4.8%
O.C. building permits 2,465 3,600 3,933 5,000 3,500
U.S. GDP 2.7% 3.1% 3.3% 2.6% 2%
10-year Treasury note n/a 3.5% 3.3% n/a 3.0%

Complete Your Remodel Projects Before The Holidays

With fall now in full swing we are finding a lot of clients looking to complete additions or upgrades to their kitchens before the holidays are upon us.  With many families opting to stay close to home or at least drive to loved ones houses, the return of the “family holiday gathering”  is sure to be a big hit in 2010.

In my home, the newest addition I have added is the conversion of a lot of our home into pet friendly access.  For instance I have added a new doggie door in the kitchen/outdoor door and even added some amenities to the sun room.

Many walk in clients to the Signature Design Center are choosing to update their kitchen cabinetry with European styled cabinets, which are still in great demand.  What are you choosing to do for the holiday dinners that are soon to be upon us?  That’s why we are offering a Holiday Spruce Up Special starting at $2500.   Stop by our showroom and see what our design experts can do for your kitchen or bathroom for the holidays.

If you would like some ideas for your home, be sure to drop me a line at Fred “The OC Remodeler” at 714.289.2600.

Best Kitchen and Bathroom Remodeler in Orange County 2010

The votes for 2010 are in and for Signature Design Center of Anaheim, the hard work and customer reviews have paid off.    In a recent online poll ran by the OCR, Signature Design came out on top with 47% of the votes for the Best Kitchen Design Firm, from a total of 6 companies entered in the competition.

Founder and Lead Designer of Signature Design Center, Fred Jarrah, said: “We are absolutely bowled over that Signature Design Center has been recognized and named as this year’s best Kitchen Design Firm in Orange County. The Signature Design  brand is all about putting quality kitchens for our clients at the heart of everything we do so to win this accolade, and have our successes recognized by the industry so early on in our journey, is an incredible achievement and something of which we are all extremely proud.”

Look for the full article to be posted on our site with a link to the findings as soon as they become available.  But for now, Signature Design Center has set its sights on finishing 2010 strong and carrying over their trademary Signautre quality into 2011.

As always, Fred “The OC Remodeler” would like to hear from you directly.  If you have a kitchen question or want an expert quote, call today at 714.289.2600