San Diego’s economic barometer rose again in March.
The index compiled by University of San Diego gained 1.3 percent, just as it did in February. In January it rose 1.4 percent.
All six components of the index, compiled by associate professor Alan Gin, rose for the third month in a row. Initial claims for unemployment insurance, which is treated as an inverse, gained 2.51 percent. Local help-wanted advertising grew 1.74 percent. Building permits were up 1.54 percent.
Consumer confidence gained 0.86 percent. San Diego stocks showed a 0.69 percent gain. The national economy was up 0.32 percent.
Initial claims for unemployment stood at just under 60,000 in the first quarter of 2014. The figure slid 29 percent to 42,457 in the same period of 2015.
The USD Burnham-Moores Center for Real Estate’s Index of Leading Economic Indicators for San Diego County stood at 137.7 in March, compared to a revised reading of 135.9 in February.