Archive for the ‘2013 Economic Indicators’ Category

Human Longevity Inc

March 6th, 2014 | Posted in 2013 Economic Indicators, Human Longevity Inc

Human Longevity Inc. – Is the name of a new organization opened by researcher, J. Craig Venter.  It will be the largest genetic sequencing center in the world.  The company will sequence the genomes for a fraction of what it cost just over a decade ago.

Home Construction Soars

December 23rd, 2013 | Posted in 2013, 2013 Economic Indicators

The U. S. Home Construction Industry Soars!!!!!  The pace of home construction in the USA reached a more than five-year high in November, 2013, amid broad-based gains as builders boosted inventory to keep pace with demand!  Housing starts jumped 22.7% to a 1.09-million annualized rate, which exceeded all forecasts.  Permits for future projects held near […]

2013 into 2014 Economic Indicators

December 4th, 2013 | Posted in 2013 Economic Indicators, Uncategorized

2013 Economic Indicators into 2014:  According to a forecast in Costa Mesa by economists at Orange County’s Chapman University, the message is clear:  “The economy is stuck in low gear.”   The “current, mild expansion pales in comparison to previous recoveries,” said the forecast from Chapman’s A. Gary Anderson Center for Economic Research.  “But despite its […]

2013 Economic Indicators

October 15th, 2013 | Posted in 2013, 2013 Economic Indicators

“Manufacturing is returning to the USA” – often called “Re-shoring” and/or “Near-Sourcing.”  These are companies who have decided that they need greater control of the manufacturing process.  In order to do that, companies need to move their production facilities back to the good old USA!   The reasons often involve increasing control and quality.  Companies are […]

2013 Economic Indicators

September 20th, 2013 | Posted in 2013, 2013 Economic Indicators

San Diego’s apartment market is improving.  Why?  Job growth, demographic trends and new construction, according to a senior vice president at John Burns Real Estate consulting.  Discussions were held at the 2014 Apartment Perspective, an event presented by the San Diego County Apartment Association and CCIM at the DoubleTree Hotel in Mission Valley. Job growth […]

Labor Shortage in the Construction Industry

August 26th, 2013 | Posted in 2013, 2013 Economic Indicators

As the Construction Industry finally recovers, builders are finding a shortage of skilled workers. Further, the situation could grow worse with an aging workforce and lagging immigrant labor, said Brian Turmail, a spokesman for Associated General Contractors of America.

San Diego Home Prices up 23%

August 26th, 2013 | Posted in 2013, 2013 Economic Indicators

San Diego County’s year-over-year annual home price appreciation rate experienced a 23.1% increase in July, according to a Zillow (Nasdaz:  Z)  real estate report, which stated that the median price of a resold home in the county was $428,900 in July 2013.  This marked the 14th straight month of annual appreciation.

2013 Economic Indicators

August 22nd, 2013 | Posted in 2013, 2013 Economic Indicators

Strong year-over-year increase in the total value of residential building permits issued in July 2013 for future residential construction has helped the local construction industry.  The figures represent a more than 180% increase over the value of residential permits issues a year earlier, July 2012.

2013 Economic Indicators

August 20th, 2013 | Posted in 2013, 2013 Economic Indicators

The USS Albuquerque (SSN 706) will return Wednesday, 8.21.13 from a routine six-month deployment in the western Pacific.  The submarine is homeported in San Diego.

2013 Employment Trends

August 20th, 2013 | Posted in 2013, 2013 Economic Indicators

The local economy added 2,600 jobs in construction, mostly among special trade contractors during the completion of several major projects.  Also, administrative and support services grew by 600 jobs, and mortgage and real estate operations added 400 jobs.  Even through the unemployment rate grew to 7.8% from 7.4% a month before, there are bright spots […]