Laserfiche WebLink
8B <br /> Page 2 <br /> Hing Wong, Senior Regiorial Planner ABAG: Consumer confidence has been declining since summer and <br /> showed a siight increase in December. Auto sales were down, though luxury cars and hybrids are selting <br /> weil. In retai! sales the top sales cities were lead by San Franc'tsco and San Jose. <br /> Gerald Cox, RealFacts: !n 2007 annual average reM growth was 9.4°�. Bay Area rents are rising, as are <br /> those in Northem Califomia thaugh they are higher. The absorption rate {foiks in the door) is about 96°� <br /> whi{e for the state it is 9�4.4%. <br /> �����""''r � - <br /> CL►��+ .r <br /> 1-30-2008 <br /> Signature of Councii Member Date <br /> The Adrninisfrative Cade requires reports of ca►ferences or meetings. for whk;h a oouncii member �quesfs per dierrr or expense reimbursement <br /> Reports must be submifted to the City Clsrk of no later than ths Wednesday of the week before the ne� City Council meeting. Reports must be <br /> sebmitted before the Gity of Redwood City will pay per aliem or reimbursement for the conference or the meeting. Fteports are nat requited for City <br /> Cauna! meetings, or meetings with Couna! membe►s, the City Manager, City Attiamey or City Cterk. <br />