April 27, 2011
From the Wall Street Journal:
California's farm economy is on the rebound after several years of sharp decline, with farmers gearing up to plant thousands of acres of idled fields, rehire laid-off workers and resume buying tractors, trucks and other equipment.
Behind the resurgence: The region's wettest winter since 2006 is allowing water officials to open crucial irrigation spigots after three years of sharply curtailed supplies. Plus, a global uptick in crop prices means the products of California's vast farm region are seeing growing demand.
Although unemployment in the Central Valley region remains among the highest in the state and nation, many farming towns report the early signs of a rebound. The upsurge is likely to help the economic recovery of the nation's most populous state, where seasonally adjusted March unemployment was 12.3% compared with the national average of 8.8%, despite pockets of prosperity such as Silicon Valley.
For more, see: California Farms Revive
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