2011 Economic Indicators – San Diego County had a 50% increase in federal spendng between 2007 and 2010, primarily due to military spending, according to Deltek, a Reston, VA-based information, analysis and software servies firm. There was a total of $55-billion in federal expenditures in San Diego County during that 4 year period. The report [...]
Archive for the ‘2011 Economic Indicators’ Category
2011 Economic Indicators – Construction employment increased in San Diego in May 2011, according to the latest data released by the Bureau of Labor Statistics. In the San Diego -Carlsbad – San Marcos metro area, there were 54,200 jobs last month, 500 more jobs than in April.
2011 Economic Indicators – “Perception is Everything” said the philosopher. Look at the perception that these surveys and studies would seem to indicate about San Diego’s economy for the remainder of 2011. According to a recent San Diego County survey, almost 90% of the businesses surveyed indicted that employment would remain constant, or increase at [...]
2011 Economic Indicators – According to RealltyTrac, U.S. foreclosures activity hit a 40-month low in April, 2011; down 9% from March, and 34% from a year ago. This was the 7th consecutive month in which foreclosure activity declined on an annual basis.
2011 Economic Indicators – Another healthy rise in job numbers this April – with a jump of 244,000 new jobs. Great News!! It is expecially positive because the growth is coming largely from private employers; state and local government payrolls continue to shrink.
2011 Economic Indicators – For the first time in 8 month, construction employment grew in San Diego (Bureau of Labor Statistics). The San Diego, Carlsbad, San Marcos metro area reported 54,000 jobs in March, an increase of 800 jobs from February.
2011 Economic Trends – Improvement in the overall economy and favorable market conditions led to increases in both the median price and home sales in March, according to data from the California Association of Realtors (C.A.R.). Closed escrow sales of existing, single-family detached homes in California totaled a seasonally-adjusted annualized rate of 514,000 units in [...]
2011 Economic Trends – In a sign that the local economy is picking up steam, the University of San Diego’s Index of Leading Economic Indicators jumped 1.9% in February, according to Alan Gin, a Business Professor at USD. Professor Gin, who compiles the Index, said that February’s monthly increase was the largest increase in its [...]
2011 Economic Trends: Factory production increased in February for the 6th straight month. The Federal Reserve said production of cars and auto parts jumped 4.2%, nearly matching January’s gain. Production of furniture, electronics and appliances all rose. Manufacturing output hs growin in all but 4 months since the recession ended in June 2009. More than [...]
2011 Economic Trends: The ADP National Employment Report said that private payrolls rose by 201,000 in March, 2011. The average monthly increase for the past 4 months is 211,000, which is compared with 74,000 from August to September 2010. AS USUAL: Smaller companies appear to be doing the best: March employment increased by 102,000 at [...]