New Statistics Bode Well for Local Economy

Fox 5 San Diego -- San Diego County’s economy should continue growing at least through the first part of next year, according to a report released Thursday by the University of San Diego.

The latest University of San Diego Burnham-Moores Center for Real Estate’s Index of Leading Economic Indicators show a 0.6 percent increase in May from the month before. The uptick was led by sharp gains in the number of residential building permits issued and local stock prices, USD Professor Alan Gin said. (Full Story