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<br />California Taxable Sales <br /> <br />.. ............ __... __ w ..__ _..... ........... _.._ ___.. __.. __..... _____ _.............. __.._.... ___ _........ ...__..........................._.... ......__.. __.. _____.. ___........ __ __............ _.... <br /> <br />California Taxable Sale$, Seasonally Adjusted <br />Quarterly Percent Chang& <br />8% ................... ....... ............. ..... ........-.....-..----.-- .... - ..... ..._..-.......~_.-.. . ................. .............. <br /> <br /> <br />4% ..... "U__. -.. <br /> <br />2% <br /> <br />0;(, <br /> <br />-~ <br />..,,!/ . !1!1 .H!/uJla ~uul <br /> <br />ct:;i,~ : <br />;~. <br />. -. .. -.... . . . ..... . - - <':\",\:;' .... . ...... -.... <br /> <br />-1% <br /> <br />..." u.... ......_u__.... <br /> <br />-10% <br /> <br />Source: Caifomia Board of Equa~on and Department rAFlnance <br /> <br />.... ...... '"' ---.. ...--........... .............. ----............ ---....... ...-..............- ---- ---............. --.... --.... ------.. --- --""""" .-.-...... --- ...----- ................... ---........... ...-. <br />5 Source:ABAG January 26,20 I 0 Forecast <br /> <br />h~~~~!.~.!~E~..~~P_~.~!_~!~_?_~~..!~E__~!:_~._~~:r.~_~~_._._u.... <br /> <br />.. Stable economy throughout 20 10 with some very small <br />job growth recovery in 20 II <br /> <br />.. Incomes are not expected to grow appreciably <br /> <br />.. Slow economic recovery unresolved issues - more <br />foreclosures? Large pool of unemployed <br /> <br />.. Bay Area should approximately mirror the rest of the <br />nation <br /> <br />;: 6 <br /> <br />Source:ABAG January 26. 20 I 0 Forecast <br /> <br />7A <br />Attachm~~e 4 <br /> <br />3 <br />