County's Economic Indicators Rise Again

Friday, September 25, 2009

San Diego Union-Tribune--

Despite continuing high unemployment and a sharp decline in home building, the outlook for San Diego County's economy continued to show signs of improvement last month, according to an index of leading economic indicators released yesterday.

It was the fifth consecutive month that the index — maintained by the Burnham Moores Center for Real Estate at the University of San Diego — moved upward, after a three-year decline.

“We haven't hit bottom, but the negatives are not quite as negative as they have been and the positive signs are getting stronger,” USD economist Alan Gin said.

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