What Lies Ahead for Silicon Valley?

That question is on everyone's mind in the Bay area.

It could take an additional seven years for the Silicon Valley economy to recover the jobs it lost when the technology investment bubble collapsed, according to a report scheduled to be released today. But in the long run, that might be a good thing. Those predictions are part of a wide-ranging report on the valley's future commissioned by the Silicon Valley Manufacturing Group, whose member companies employ 1 in 5 valley workers. Economic growth in the valley will lag the rest of the nation through 2005 and employment won't return to its boom-era level until 2010, according the report, Silicon Valley 2004.

Not the answer that Silicon Valley economic developers wanted to hear.

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