04/28/2017: Parts of South LA still bear scars from the ’92 riots
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First-quarter economic growth numbers are out this morning, indicating that GDP underwent the slowest pace of growth in three years. We’ll explore what the data points reveal about consumer and business activity. Next, we’ll look at the local South LA economy 25 years after the infamous LA riots, which followed the acquittal of several white police officers who were caught on video beating the unarmed black motorist Rodney King. Today, some residents are enjoying a housing boom, but for many, economic conditions haven’t improved since 1992.
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