Archive for the ‘2012 Economic Indicators’ Category

2013 Economic Indicators

April 30th, 2013 | Posted in 2012 Economic Indicators, 2013

San Diego’s craft been industry has been a bonanza to our local economy.  With annual sales in the $680-million range, direct economic impact (wages, contracts, capital expenses, etc.) is in the $299-million range, added to that is the 497 brewery employees, plus an additional “Brewpub” employees numbering 1,100, the economic impact on San Diego is significant.  So – […]

Venture Capital Spending

January 30th, 2013 | Posted in 2012 Economic Indicators, 2013

has been in hibernation during the Great Recession, but seems like it is in the process of rebounding.  For example, VC spending jumped approximately 20% in 2012, and is expected to raise 13% in 2013, according to a Point Loma Nazarene University forecast.

2012 Economic Indicators

December 21st, 2012 | Posted in 2012, 2012 Economic Indicators

Existing Home Sales – which includes single-family homes, townhomes, condos, and co-ops, increased 5.9% to 5.04 million units in November from 4.76-million units in October, 2012.  November 2012 sales exceeded the 4.9-million-unit estimate from a Bloomberg survey of 82 economists.  Existing home sales are 14.5% higher than Noverber 2011. 

2012 Economic Indicators

December 4th, 2012 | Posted in 2012, 2012 Economic Indicators

US builders increased their spending on construction projects in October by the largest amount in five months, led by a surge in housing.   The Commerce Department announced recently that construction spending increased 1.4% in October 2012, the largest gain since a 1.7% in May of 2012

New Home Sales

November 8th, 2012 | Posted in 2012, 2012 Economic Indicators

New Home Sales of single family, new home sales, increased to a two-year high with an annual rate of 389,000 units in September.  27.1% higher than September in 2011.

2012 Economic Indicators

October 18th, 2012 | Posted in 2012, 2012 Economic Indicators

2012 Economic Indicators – Housing recovery, usually one of the leading indicators following a severe recession, may FINALLY be picking up speed.  The National Association of Realtors reports that the mediam list price for a home on the market in San Diego County is 4.16% higher than the same month a year ago. Inventory of […]

The Influence of Defense Spending in San Diego

July 3rd, 2012 | Posted in 2012, 2012 Economic Indicators

The Influence of Defense Spending in San Diego will have $20.6-billion (that is billion with a “B”) direct spending in fiscal year, 2012.  The San Diego Military Advisory Council released its 2012 San Diego Military Economic Impact Study recently (the report was conducted by the Fermanian Business & Economic Institute of Point Loma Nazarene University).  […]

2012 Economic Indicators

June 20th, 2012 | Posted in 2012, 2012 Economic Indicators

2012 Economic Indicators:  California’s housing market imroved in May, 2012, with home prices posting soid gains for the 3rd straight month, and home sales are well above last year’s pace as well (California Realtors Assn).

US Companies leaving China to move back to the USA!!

May 1st, 2012 | Posted in 2012, 2012 Economic Indicators

US Companies leaving China to move back to the USA!!   Many U.S. companies are considering a move from China back to U.S.  Greg Burkart is Managing Director of a firm that specializes in structuring and negotiating goverment-sponsored economic development incentive packages, says that two prime factors are driving the return-to-home trend.  They are:  Labor Costs […]

Convention Center expansion

April 25th, 2012 | Posted in 2012, 2012 Economic Indicators

Convention Center expansion moved a step closer to reality recently because city hoteliers voted in favor of a plan to fund 75% of the $520-million expansion by raising $35.7-million in transient occupancy tax (TOT) revenue each year for the next 30 years.  Of the nearly 27-million votes in play, hotel owners cast roughly 72%, or […]