The University of San Diego’s index of leading economic indicators for San Diego County rose in April for the 11th straight month.
All six components were positive, with building permits in the lead, followed by strong gains in help wanted advertising and in the outlook for the national economy.
“The outlook continues to be for strong growth in the local economy for the rest of 2015 and at least through the early part of 2016,” according to the economists of USD’s Burnham-Moores Center for Real Estate.
The economists noted a “huge surge” in permits for multi-family housing units, with a total of 719 units authorized in April.
USD said the strongest sectors of the San Diego economy currently are professional, scientific, and technical services; leisure and hospitality; and health care. The economists noted that the first group includes some of the highest paying jobs in the region.
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