It's shaping up as another year of "sluggish recovery" for California, according to a forecast released today by the University of the Pacific.
The state's economy will grow by 2.2 percent this year, a slightly slower growth rate than 2012, said Jeff Michael, director of UOP's Business Forecasting Center.
Growth will accelerate to 3 percent next year and almost 4 percent in 2015, he said.
The Sacramento area economy will show similarly sluggish growth. Unemployment, currently at 9.8 percent, will average 9.4 percent in 2013 and 8.6 percent next year, he said.
Michael said job growth in California is "marginally" better than the U.S. average. "There is no evidence that the California economy is significantly outperforming the U.S. economy," he said in a press release.
The Bay Area, boosted by the tech sector, continues to lead the state's recovery.
Read more articles by Dale Kasler
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