Region’s Economy Makes Great Strides in April
Tuesday, May 31, 2011
San Diego Business Journal — An index measuring San Diego’s economy increased by 0.9 percent in April, the biggest gain since January 2010 when it rose by 1 percent.
Except for a dip in the index for the national economy, the five other components making up the University of San Diego Burnham-Moores Center for Real Estate’s Index of Leading Economic Indicators for San Diego County grew. The biggest surges came from an increase in building permits issued, and the amount of help wanted advertising during the month. Other gains came from reduced initial claims for unemployment insurance, local stock prices and local consumer confidence. (Full story)