Bay Area residents expect economy to shrink, survey finds - California Homeowners AssociationCalifornia Homeowners Association

By Jessica Floum in San Francisco Chronicle

May 3, 2016

More than half of Bay Area residents think the region will experience a significant economic downturn within the next five years, according to a survey released Tuesday by the Bay Area Council.

About 52 percent of people surveyed by the council expect the region’s economy to stumble within that time frame, while another 7 percent say a downturn could hit after five years. Twenty percent do not anticipate the Bay Area economy to shrink in the foreseeable future.