What's the health of the economy in your own neighborhood?

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Everyone agrees housing has gotten too expensive in Los Angeles, but how to solve the problem? On that, there’s a lot less consensus. — A sign for an appartment to rent is seen in Los Angeles on May 27, 2009. Federal Reserve bank policymakers are seeing "tentative evidence" the US economy is emerging from recession and could show modest growth in the second half of 2009. Consumer purchases also appeared to have stabilized after falling in the second half of 2008, and the steep decline in the housing sector seemed to be abating. (Photo credit should read GABRIEL BOUYS/AFP/Getty Images)

The economy may be recovering, but it may be hard to tell depending on where you live. Take Two examines the health of the economy by zeroing in on the micro-economies of several different neighborhoods throughout Southern California.

The economy may be recovering, but it may be hard to tell depending on where you live.

In a place like Silicon Beach, jobs are on the rise because of the increased number of tech companies calling it home. But meanwhile people in Torrance are feeling dismayed that Toyota announced it will be moving thousands of jobs to Texas.

Every few months, Take Two examines the health of the economy. This time, we're zeroing in on the micro-economies of several different neighborhoods throughout Southern California.

Guests:

Christopher Thornberg, principal with Beacon Economics.

Raphael Bostic, professor of public policy at USC.

Delia Fernandez, president of Fernandez Financial Advisory in Los Alamitos.