Economic Index Continues to Rise, Shows 0.4 Percent Gain
Friday, January 28, 2011
San Diego Business Journal -- An index measuring San Diego’s economy increased 0.4 percent in December, making it the 21st consecutive month it has risen or stayed flat.
Alan Gin, the economics professor who compiles the USD Burnham-Moores Center for Real Estate’s Index of Leading Economic Indicators for San Diego County, said the index has been on an upward trend since early 2009, and the numbers portend positive growth for the region in 2011.
Speaking at a forum of economic experts called the Economics Roundtable, Gin forecast the region would gain 10,000 to 15,000 jobs this year, compared with a net gain of 6,300 jobs for 2010. (Full Story)