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San Diego Lead Indicators Rise for Second Month

San Diego Reader--The lead indicators of the San Diego economy, compiled by Alan Gin of the University of San Diego, rose for the second straight month in May. The index went up from April's 100.9 to 101.2. Figures for building permits, stock prices, consumer confidence, and the national economy went up. Help wanted advertising and initial unemployment claims were negative. Until they turned up in April, Gin's indicators had gone down every month from March of 2007 when they were 139.3. Normally, lead indicators should move up three straight months before they signal a possible change. (Full Story)