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San Diego Shorts
May 2009 San Diego Economic Indicators
Prof. Alan Gin of USD
By Mark S. Burgess
Posted on Thu, Jun 25th, 2009
Last updated Thu, Jul 16th, 2009
The University of San Diego's Index of Leading Economic Indicators for San Diego County, created by Professor Alan Gin of USD reports a 0.3 percent in May 2009.Consumer confidence grew to its second consecutive gain after 24 straight down months. Sharp increases in local stock prices and the outlook for the national economy, with some help from a small rise in building permits contributed. However, he labor market variables continue to plunge, with both initial claims for unemployment insurance and help wanted advertising sharply negative.
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