"'This is really a tale of two economies,' said Stephen Levy, the director of the Center for Continuing Study of the California Economy. 'The coastal areas are either booming or at least doing well, and the areas that were devastated still have a long way to go. The places that existed just for housing are not going to come back anytime soon.'"
Jennifer Medina in The New York Times explains the east-west division in California's economy.
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