The San Diego economy rose “sharply” in March, according to the University of San Diego’s monthly index of local indicators. It was the 12th straight month of increases for the index.
Pulling the trend positive were local stock prices and a positive outlook for the national economy, according to the index’s director, economist Alan Gin.
Consumer confidence was the only one of six indicators to decrease from the month before. There were slight gains in the pieces of the index that measure construction activity, unemployment and help wanted ads.
Gin was encouraged by some signs in local employment: