Economic impact of California homebuilding down in 2009; 2010 sales struggle
By Christine Ricciardi

The direct influence of the California homebuilding industry contributed $13.8bn to the state economy and supported nearly 77,000 jobs in 2009, according to a new study (download here) commissioned by the California Homebuilding Foundation and conducted by the Center for Strategic Economic Research, institutions both based in the California capitol of Sacramento.