KPBS Midday Edition

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

By Maureen Cavanaugh / KPBS Midday Edition Co-Host, Brooke Ruth / Senior Producer of Audio News

Published August 14, 2019 at 11:15 AM PDT

This story was published more than 5 years ago.

Gas prices at an Arco Station near San Diego State University, May 17, 2019.

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

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.

On a day when the Dow Jones average tumbles more than 700 points, we learn that San Diego’s rate of inflation is among the highest in the nation.

Economists say turmoil in the markets and rising costs are both signs of a coming recession. Investors are looking at a global economy that’s slowing down and Wednesday, a major recession indicator from the bond market.

Meanwhile San Diegans are paying higher prices for fuel, housing and food.

Become a KPBS sponsor

According to analysis by Phillip Molnar, business reporter for the San Diego Union-Tribune, San Diego's rate of inflation is the third highest in the nation, behind San Francisco and Los Angeles.

Although the inflation rate is in the top three in the nation, it is lower than the inflation rate in 2017 and 2018.

Molnar joined KPBS Midday Edition Wednesday to discuss the impact the inflation rate and recession fears could have on the average person.

KPBS Midday Edition

Maureen Cavanaugh

twitter

Maureen Cavanaugh has been a familiar voice for KPBS listeners for more than 15 years, serving in a variety of capacities including announcer, host, and producer. As host of KPBS Midday Edition, Maureen has interviewed a wide range of notables, such as comedienne Sandra Bernhardt, actor John Lequizamo, author Chuck Palahniuk, composer Marvin Hamlisch, artist Robert Irwin, and designer Zandra Rhodes. But of all the interviews Maureen has conducted, her most special was with His Holiness, the Dalai Lama. Before joining KPBS in 1997, she worked as a news anchor for KSDO and KOGO News Radio in San Diego. While working for commercial radio stations in San Diego and in Salt Lake City, Utah, Maureen reported on both hard news and lifestyle features. Maureen has received three "Golden Mike" awards from the Radio and TV News Association of Southern California for economic reporting and breaking news. She has also received a "Best of Show" and “Best Radio Newscast” awards from the San Diego Press Club and the "Flo" Award from Public Radio Program Directors Association for Best Public Radio Announcer in a large market. Maureen is a native of Queens, New York, but after more than 20 years in San Diego she feels she qualifies as a real Southern Californian.

What do you want to hear host Jade Hindmon talk about on Midday?

Brooke Ruth

Brooke Ruth is the senior producer of Audio News. She previously served as a producer for "KPBS Midday Edition" and a web producer. Before joining KPBS, Brooke was a web editor for four newspapers and a local television station. She began her career in news at the Imperial Valley Press. She has also been part of the web teams at the Napa Valley Register, North County Times, and U-T San Diego. While pursuing her undergraduate degree at UCLA in psychology, she worked on the student newspaper, the Daily Bruin.

See stories by Brooke Ruth