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Economy

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34% Of Economists In Survey Expect A US Recession In 2021

Aug. 19
By Associated Press

The economists have previously expressed concern that Trump's tariffs and higher budget deficits could eventually dampen the economy.

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Trump Dismisses Worries Of Recession, Says Economy Is Strong

Aug. 19
Kevin Freking / Associated Press

A strong economy is key to Trump's re-election prospects. Consumer confidence has dropped 6.4% since July. The president has spent most of the week at his golf club in New Jersey with much of his tweeting focused on talking up the economy.

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Unemployment Creeps Up To 3.6% In San Diego County

Aug. 16
By City News Service

San Diego County's non-seasonally adjusted unemployment rate rose to 3.6% in July, the second consecutive month with an increase, according to data released Friday by the California Economic Development Department.

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Business Report: Stock Markets Flux Following New Signs Of Recession

Aug. 16
By Ebone Monet

This week in business: stock markets flux after new signs of recession appear, most Americans live paycheck to paycheck, and a new report puts San Diego in third for highest inflation rate in the nation.

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UN Observer Calls For 'Moratorium' On Criminalizing Homelessness In San Diego

Aug. 15
By Max Rivlin-Nadler

For the past three days, Canadian attorney Leilani Farha, the United Nations special rapporteur on adequate housing, has been touring the streets of San Diego, talking to people dealing with the city's unprecedented housing crisis.

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Mixed-Use Development Planned Near Future Clairemont Drive Trolley Station

Aug. 15
By City News Service

The Bayview Plaza project will feature about 40,000 square feet of retail space in addition to the apartments, 16 of which will be made affordable for families earning 50 percent of the county's area median income. The complex, on the corner of Morena Boulevard and Clairemont Drive, will also include 150 parking spaces for trolley riders.

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U-T: San Diego's Inflation Rate Third Highest In US

Aug. 14
By Brooke Ruth, Maureen Cavanaugh

San Diego’s rate of inflation is among the highest in the nation. That means San Diegans are paying higher prices for fuel, housing and food.

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Supervisor Fletcher, USD Launch Innovate-Up Business Program

Aug. 13
By City News Service

The Innovate-Up program will leverage roughly $1.5 million in resources from the county and USD to support and invest in local businesses. The program is funded in part by a $300,000 grant from the county to USD's Brink Small Business Development Center.

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Former Acting ICE Chief Talks Workplace Raids And How Unauthorized Labor Drives Economy

Aug. 12
By Max Rivlin-Nadler

Last week’s ICE raids in Mississippi, which led to the arrest of 680 people, was described as "record setting" raids in terms of size and scope. Does this signal a shift away from the targeting of people with criminal records, as was the priority under the Obama administration, and back to the days of large workplace raids, which were popularized under the George W. Bush era?

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Former National Security Advisors and Chinese Consul General To Open UC San Diego Forum On US-China Relations

Aug. 12
By Maureen Cavanaugh, Megan Burke

On Monday, UC San Diego's School of Global Policy and Strategy will begin a week-long forum in response to increasing trade tensions between the U.S. and China. Business, technology and policy leaders will gather for high level talks with a focus on bridging the growing gap between the two countries.

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