As brutal as the Central Valley economy has fared over the last several years, it’s starting to bounce back. Our series “Fits and Starts” on California’s uneven economic recovery continues with a look at the Central Valley.
The collapse of the housing market devastated cities like Stockton and Modesto. But the Central Valley’s agriculture industry weathered The Great Recession just fine. It even saw record growth, with one painful exception: dairy.
“It was a bloodbath,” says Tom Barcellos, who owns T-Bar Dairy in Porterville.