California Agriculture Suffers from Another Dry Year
Thursday, Mar 5th, 2015
Recent comments by an economics Professor from the University of California Davis projects that “there’s going to be significantly more pain this year than there was last year” with respect to agriculture and the rural parts of the state. Last year, Dr. Howitt suggested that there would be a $2 billion economic impact—this year he “would be very surprised if the economic impact was less than $3 billion.” This will include a loss of more than 20,000 jobs as a result of the drought.
Read more »