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Region’s Economic Index Makes a Giant Leap

San Diego Business Journal -- San Diego’s economy may be on the mend.

In February, an index measuring the local economic data showed a gain of 1.9 percent, the biggest one-month jump since the data has been collected starting in 1977.

The record one-month increase in the University of San Diego’s Burnham-Moores Center for Real Estate’s Index of Leading Economic Indicators for San Diego County followed a 0.9 percent rise in January, and was mainly the result of big jump in the number of building permits issued by the county. (Full Story)