San Fernando Valley Economy Outperforming Analyst Expectations

The San Fernando Valley Business Journal and Miller, Kaplan, Arase & Co., LLP survey the San Fernando Valley’s business climate.

San Fernando Valley, Calif., February 12 – For a four week period ending December 17th, Miller, Kaplan, Arase & Co., LLP and the San Fernando Valley Business Journal(SFVBJ) conducted a business climate survey in the San Fernando Valley concerning business growth in 2008. The results: 2008 should be great!

Beginning on November 16, 2007, in the midst of a Hollywood writers strike and constant conversation about recession, Miller, Kaplan, Arase & Co., LLP and the SFVBJ set out to find how local business’ outlook for 2008 have been influenced by the nation’s financial woes. The survey of Miller, Kaplan, Arase & Co., LLP clients and readers of the San Fernando Valley Business Journal showed that business’ surveyed forecasted a year that will exceed analysts’ expectations.

The survey concludes that 52% of Valley businesses are expecting to hire new employees in 2008 and 43% are expecting revenue growth exceeding 10%.

Beginning today survey participants and interested parties alike can review the San Fernando Valley’s business climate survey results online, courtesy of Miller, Kaplan, Arase & Co., LLP at www.millerkaplan.com/survey.

For additional information on Business Climate Survey or MKA’s involvement, visit www.millerkaplan.com/survey, www.sfvbj.com or contact Marcus O’Bryant.

About MKA: Miller, Kaplan, Arase & Co., LLP, the largest accounting firm in the San Fernando Valley, provides audit, accounting, consulting, measurement and advisory services – servicing clients worldwide through offices in North Hollywood, San Francisco, Las Vegas and through its independent membership in Baker Tilly International. As an independent member firm of Baker Tilly International, MKA is part of a global alliance of 138 member firms operating in 104 countries.