The Morning Report
San Diego news and info
you need to take on the day.
The construction and finance/real estate sectors, which have borne the brunt of the post-housing bubble damage, were still smaller than in October 2006. However, the formerly languishing retail sector surged by 1.5 percent in a single month with the addition of 1,900 jobs. After having been shrinking for much of the year, the retail industry ended up 1.3 percent larger than a year prior. San Diegans are apparently still spending money after all.
Outside the construction, finance, and retail sectors, employment grew by 17,200 jobs or 1.7 percent. The region added 13,200 jobs in total, an increase of 1.0 percent.
— RICH TOSCANO