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Not that it's any sort of surprise, but according to Moody's Economy.com, Los Angeles-- along with 17 other regional areas in California--are "in recession" according to their U.S. Regional Recession Status page. A handful of regions like San Francisco are considered at risk of entering into recession, but one region, San Jose-Sunnyvale-Santa Clara is the opposte--they are in expansion. Silicon Valley back on the rise?