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Binder - the California Tourism Industry Website

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<strong>California</strong> economy to slowly improve in 2012: study<br />

The leading economic sectors in 2012 will be <strong>the</strong> booming technology sector<br />

centered around companies such as Google and Facebook in Silicon Valley,<br />

tourism, international trade and <strong>the</strong> entertainment industry.<br />

February 15, 2012<br />

<strong>California</strong> Travel and <strong>Tourism</strong> – We are open for business!<br />

Thanks to a recent executive order by <strong>the</strong> Obama Administration, <strong>California</strong> is<br />

expected to realize $140 billion of <strong>the</strong> estimated $850 billion in additional revenue<br />

that traveler spending will bring to <strong>the</strong> U.S. through <strong>the</strong> new federal plan for<br />

quicker visa processing.<br />

This announcement came just in time for Visit <strong>California</strong>'s annual Outlook Forum,<br />

where tourism influencers from around <strong>the</strong> globe traveled to Sacramento<br />

putting <strong>the</strong> spotlight on <strong>California</strong> - <strong>the</strong> U.S.'s number one travel destination. Last<br />

year alone <strong>the</strong> industry injected more than $100 billion dollars into <strong>the</strong> economy.<br />

Job gains seen in suffering ‘sand states’<br />

March 16, 2012<br />

The four states hit hardest by <strong>the</strong> housing bust – Arizona, <strong>California</strong>, Florida and<br />

Nevada – have seen job growth pick up noticeably in recent months. And that<br />

bodes well for <strong>the</strong> nation’s employment picture.<br />

All four states are tourism and retirement meccas. They’re benefiting as <strong>the</strong><br />

housing crisis eases, Americans travel more amid <strong>the</strong> improving economy, and<br />

<strong>the</strong> flow of retirees to Sunbelt states picks up modestly after slowing to a trickle<br />

in <strong>the</strong> downturn, says Mark Zandi, chief economist of Moody’s Analytics.<br />

March 18, 2012

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