Despite predicted job growth of 1.5 percent and a projected earnings increase of three percent for workers in Porn Valley this year, there was no mention at this week's San Fernando Valley Economic Summit of the area's orgasmic analists, gay for pay over-the-hill twinks, or adult trade magazine workers receiving raises.
"Things are humming along nicely," said Daniel Blake, who wrote the Summit's forecast, not adding, "but not for the people giving the hummers."
Jack Kyser, chief economist for the Los Angeles County Economic Development Corp., pointedly omitted the porn business, which adult industry insiders say makes upwards of $10 billion a year.
"In the Valley, what people are wondering is what is going to happen with the entertainment industry," Kyser said (italics added).
I have added a graph representing projections for anal scene earnings versus growth prospects for commensurate labor (radiator flush and replacement) in the private sector. As you can see, anal scene earnings often go down depending on your agent and elasticity, while radiator replacements are expected to net more cash by the end of 2008.
Previously: Today in porn swag; Report: Internet profitable
See also: Valley growth called slow, steady (dailynews.com)
