Business & Tech
Daily Dose: County Economy Slowly Growing
Recently released economic progress report for the county shows good signs, but no quick recovery- all the more reason to check out tonight's Summer Concert.
• The Santee continues with the '50s family favorite . The band will light up the stage from 6:30 to 8:30 p.m. at for the third week of this free event that is open to all!
• Data released on Wednesday shows seven straight months of slight growth in the San Diego County economy. The University of San Diego Burnham-Moores Center for Real Estate's Index of Leading Economic Indicators for San Diego County released the May figures which rose because of a decrease in local unemployment insurance claims, a sharp increase in help wanted advertising and an increase in local stock prices and local building permits.
"The outlook continues to be positive for the local economy, and growth is expected at least through the end of 2011,'' USD business professor Alan Gin said.
Find out what's happening in Santeefor free with the latest updates from Patch.
He added that the increase in home was lower than in the previous four months of the year. Also, much of the growth in local stock prices in May was given back in the last couple of weeks. The outlook is for continued slow growth, he said.
City News Service contributed to this report.
Find out what's happening in Santeefor free with the latest updates from Patch.
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