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SAN DIEGO (KGTV) -- Economic forecasters are beginning to warn of a possible 2020 recession, and the impact they say will be felt in the Golden State, according to a new report by UCLA.“Don’t celebrate the 3.1% GDP growth estimate for the first quarter of 2019,” writes UCLA Anderson Professor Emeritus Edward Leamer. Leamer is quoted in a recent report produced by the UCLA Anderson School of Management. According to Leamer, the data actually increases the risk of a recession at some point in the next couple of years. Nationally, economic growth is expected to slow marginally to 2.1 percent in the fourth quarter of 2019 and 1.4 percent in the fourth quarter of 2020. RELATED: Fed cuts interest rates for the first time since recessionThe good news is that the report predicts an economic rebound, growing again to 2.1 percent in the fourth quarter of 2021. So what picture does the report paint for California? One forecaster says you can expect California unemployment to rise modestly. “Weakness in housing as well as the slowing U.S. economy is reflected in a very modest growth rate in the U.S. in late 2020,” UCLA Anderson Forecast director Jerry Nickelsburg writes. “As a consequence, we expect California’s average unemployment rate to rise slightly to an average of 4.6% in the first quarter of 2021. For the entire year for 2020 and 2021, we expect average unemployment rates of 4.3% and 4.4%, respectively.”Meanwhile, personal income growth in the state of California is forecast at 2.9 percent in 2019. But the report warns that income growth is expected to slow to 1.9 percent by 2020.It’s not all bad news, however, income growth is expected to rise fairly quickly again in 2021, and is forecast to reach 2.1 percent by the end of the year. There's more good news. The Federal Reserve Wednesday lowered interest rates for the first time since the Great Recession in 2008 to help prevent an economic downturn. 1936

SAN DIEGO (KGTV) - High-flying, fast-paced skating action is heading to San Diego.Cirque du Soleil's Crystal skates into Valley View Casino Center for seven shows from March 21 to 25. Tickets are available online here, and range in price.Better yet, Crystal is the production's first ever foray onto the ice. Synchronized skaters and acrobats will slice through the air and across the ice alongside traditional Cirque du Soleil trapeze artists.RELATED: More things to explore around San DiegoCrystal follows the show's main character, "Crystal," on an exciting journey self-discovery through her own imagination as she becomes confident, freed, and empowered."Crystal breaks the codes of the traditional ice show by creating a unique form of entertainment. To reach this objective, we brought together the best experts in their respective worlds," Daniel Fortin, Executive Director of Creation of Crystal, said. "With this new show, the audience will discover the infinite possibilities that ice adds to the prowess of circus arts." 1050

SAN DIEGO (KGTV) -- Despite the still-high cost of living, San Diego’s housing market is beginning to cool down, according to a new report by Zillow. San Diego ranked third on the list of housing markets seeing the biggest slowdown. San Jose and San Francisco, two markets also known for their high costs of living, places first and second on the list The report shows that conditions in San Diego’s market are favoring buyers more than they did a year ago. RELATED: Home prices rise, sales plungeMore than 20 percent of homes for sale in America’s Finest City had a price cut in January of 2019, compared with only 12.4 percent of homes that saw a cut in January of 2018. Of the homes that have sold, 95.7 percent sell for their listing price. At this time last year, 97.7 percent of homes sold for their list price. The amount of time it takes to sell homes is also on the rise. In 2018, homes sold in 60 days, including time to close, Zillow reports. So far this year, homes are selling in 75 days. RELATED: Realtors expect busy spring for buyers and sellersEven though the market is starting to cool, San Diego’s median home value is 1,400. In comparison, the national median is just 5,300. “It is no surprise that the markets which pushed the bounds of affordability over the housing recovery are now experiencing significant cooling,” said Skylar Olsen, Zillow Director of Economic Research. “As down payments and mortgage payments far outpaced incomes, buyer demand eventually exhausted itself. Those buyers looking in cooling markets will likely welcome the relief, although the entry price is still high. Inventory is returning and spending more time on market, meaning their decision making can be made with a cooler head.”RELATED: How housing got so expensive 1785

SAN DIEGO (KGTV) — Hundreds of miles from her hometown of Paradise, Ashley Ketcham watches in horror as the Camp Fire ravages her beloved community.She now lives in Escondido and first heard about the fire from her mother.“I kind of blew it off because we’ve had fires my whole life, and then she wrote me back again and said the CMA Church burned down," Ketcham remembers.RELATED: Camp Fire: At least 9 dead as fire incinerates N. California townAt first, she felt numb.“I woke up this morning and, um, a friend of mine said 'Is it ok to hate God right now?' And I was just devastated, and I think that’s when it hit me, that their whole life is gone, their homes, their jobs, the memories, places we visited as kids, they're just gone," said Ketcham.She says the people of Paradise will need many things, but right now they need prayers.RELATED: Interactive map: Camp Fire burns across NorCal towns“Just please pray, please pray for these families, if you have a way to help, please help," said Ketcham.Thousands of structures have burned in the small community, including hospitals, schools, and homes.At least five people have been killed.The North Valley Community Foundation has activated a fire relief fund to donate to those displaced.  1257

SAN DIEGO (KGTV) - Demolition is underway on the former Anthony’s Fish Grotto restaurant along San Diego’s Embarcadero.The destruction of the building started earlier this week at the location on Harbor Drive. Crews will also demolish the platform and pile foundation, with work due to end by late March.The Brigantine is taking over the site for its “Portside Pier” two-story restaurant project. It will include: 421

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