8:09 p.m., July 28
Lead Indicators Inch Ahead in April
The lead indicators of the San Diego economy, compiled by Alan Gin of the University of San Diego, rose moderately in April from March, rising to 109.2 from 109. The indicators have been in a fairly steady, if modest, uptrend; in November of last year, they were 109.9. In April, moving favorably were building permits, stock prices, and help wanted advertising. Moving in an unfavorable direction were initial unemployment claims, consumer confidence, and the national economy.