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Short-term Expectations for the Bay Area <br />Stable economy throughout 2010 with some very small <br />? <br />job growth recovery in 2011 <br />Incomes are not expected to grow appreciably <br />? <br />Slow economic recovery unresolved issues –more <br />? <br />foreclosures? Large pool of unemployed <br />Bay Area should approximately mirror the rest of the <br />? <br />nation <br />Source: ABAG January 26, 2010 Forecast <br />6 <br />