12:30 p.m., March 1
San Diego Lead Indicators Flat in November
The lead indicators of the San Diego economy were 103.7 in November, unchanged from October and barely up from the 103.5 of September. The indicators are compiled by economist Alan Gin of the University of San Diego. After hitting 105.7 in January of last year, the indicators dropped, but then edged up steadily every month from March's 100.7. The components that moved favorably in November were consumer confidence and the national economy. Those that moved in an unfavorable direction were building permits, initial unemployment claims, stock prices, and help wanted advertising.