County's Leading Economic Indicators Up Slightly in November
Thursday, January 3, 2013
The Daily Transcript -- The USD Burnham-Moores Center for Real Estate's Index of Leading Economic Indicators for San Diego County rose 0.1 percent to 122.8 in November, up from October's value of 122.6.
The gain was led by a strong positive move for initial claims for unemployment insurance, along with smaller gains for consumer confidence and help-wanted advertising. These outweighed moderate declines in building permits, local stock prices and the outlook for the national economy to push the USD Index to its 11th increase in the last 13 months, according to USD economics professor Alan Gin, who compiles the index. (Full Story)