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July 2014 - San Diego Economic Indicators PDF Print E-mail
Written by Jolanta Campion   
Friday, July 25, 2014

Report Highlights

  • San Diego’s unemployment rate has decreased 490 bps since its peak rate of 11.0% recorded in January 2010 to 6.1% in June 2014 and is the same as the 24-yr. monthly average.
  • Between June 2013 and June 2014, San Diego County added 34,600 jobs, an annual increase of 2.6%.
  • Professional & Business Services posted the greatest year-over-year gain, adding 6,900 jobs followed by eight other industries recording  gains.
  • Since the end of the recession in June 2009, San Diego has added 124,500 jobs, 43,000 jobs more compared to 81,500 lost during the last recession.
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San Diego Retail Market Snapshots – Mid Year 2014 PDF Print E-mail
Written by Jolanta Campion   
Wednesday, July 23, 2014

Report Highlights

  • San Diego Retail Market Hits Snag, returning 156,252 SF to the market in the first six month of 2014.
  • Countywide total vacancy for all center types, including sublease space, was 5.4% in the first half of 2014 compared to 6.7% a year ago.
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U.S. & San Diego Market Snapshots - 2Q14 PDF Print E-mail
Written by Jolanta Campion   
Friday, July 18, 2014

Report Highlights

  • San Diego Office Snapshot & Statistics by Submarket – Market hits a speed bump in the second quarter, vacancy up 90 bps from 14.6% last quarter to 15.5%. Class A leasing remains strong.
  • U.S. Office Market Report – Vacancy at 15.1% is now 220 bps below the recession peak. Demand for office space grew by 36% from the first quarter.   
  • San Diego Industrial Snapshot & Statistics by Submarket – 12 consecutive quarters of positive demand; countywide direct vacancy at 6.6%, below the pre-recession level.
  • U.S. Industrial Market Report –  Over 60% of the country’s industrial markets have less empty industrial space than their 10-year average. 
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June 2014 - San Diego Economic Indicators PDF Print E-mail
Written by Jolanta Campion   
Thursday, June 26, 2014

Report Highlights

  • San Diego’s unemployment rate has decreased 520 bps since its peak rate of 11.0% recorded in January 2010 to 5.8% in May 2014 and is 30 bps below the 24-yr. average.
  • Between May 2013 and May 2014, San Diego County added 29,300 jobs, an annual increase of 2.2%.
  • Leisure & Hospitality posted the greatest year-over-year gain, adding 6,200 jobs followed by seven other industries.
  • Since the end of the recession in June 2009, San Diego has added 90,800 jobs, 9,300 jobs more compared to 81,500 lost during the last recession.
Read more...
 
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