southern california economic outlook 2002 alfred gobar associates 721 kimberly avenue placentia ca 92870 6343 714 524 1000 www com the staff at is pleased to present a review of s real estate market and forecast future trends we thank all our clients for their continued confidence those new firm hope this overview serves as an introduction services contribution your decision processes more information on provide updated visit web site or contact us housing household formation has correlated extraordinarily well with nonagricultural wage salary employment national level r2 coefficient correlation 0 9871 over past 42 years shown effective indicator in october 2001 compare average annual increase between 1990 2000 follows growth area
