Category Archives: San Diego

San Diego MSA Economy Remains Positive in the Face of Uncertainty

Current California economic activity measures are showing signs of a two-handed economy. On the one hand, overall job growth in non-manufacturing sectors continues to be a fundamental positive for the state’s economy. However, the state’s manufacturing sector is feeling the … Continue reading

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San Diego MSA Can Weather the Headwinds in 2016

Our economic outlook for the San Diego MSA remains cautiously optimistic as international macroeconomic forces impact the area’s economy in 2016. The strengthening of the U.S. dollar compared to major foreign trade partners is a headwind for local export manufacturers … Continue reading

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San Diego MSA Housing Affordability is a Constraint

There was positive news for the defense industry in the past few weeks as Congress passed a two year federal budget deal. The Bipartisan Budget Act of 2015 was signed into law in early November. The bill increases the FY2016 … Continue reading

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San Diego MSA Economy Improves, Gains Seen in Defense-Related Sector

In this issue we are rolling out our new expanded analysis of the Southern California economy. Coverage of Southern California will now include two separate publications of quarterly analysis for the region. The first publication will focus on the San … Continue reading

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Southern California Positive Outlook Faces Headwinds

California’s drought, now in its fourth year, is a long-term issue for economic growth for Southern California, if it persists. California Governor Jerry Brown issued an executive order in April to reduce urban water usage by 25 percent statewide. Cuts … Continue reading

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Northern California, Something’s Gotta Give

Northern California labor markets are rapidly tightening, putting additional pressure on business costs and demand for housing. Strong employment growth has driven down the area unemployment rate to 4.3 percent in March. The declining unemployment rate is coinciding with an … Continue reading

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