SAN DIEGO (CNS) - San Diego's economic recovery is running behind that of the nation as a whole, according to a report released Monday by the National University System Institute for Policy Research.
While the gross domestic product of the United States reached a new peak for economic activity in the third quarter of 2011, San Diego, and California as a whole, will not do so until next year, the report states.
The San Diego region has frequently led the nation out of previous recessions, according to the NUSIPR.
San Diego's GDP is growing by an estimated 1.4 percent this year, compared to U.S. GDP growth of 1.6 percent. The region's GDP fell 2.9 percent at the height of the recession in 2009 and expanded by 0.9 percent last year -- both figures worse than the national rate.
"Economic momentum clearly remains lackluster in 2011," according to the report, which also projects sluggish growth in San Diego and California next year.
Despite the slow growth, San Diego's GDP of $171.6 billion in 2010 ranks 16th among U.S. metropolitan areas and would rank 47th if compared to countries, according to the NUSIPR. Per capita GDP of $55,237 ranks well ahead of state and national figures, despite a drop of 5.2 percent from its peak in 2007, the report says.
A San Diego family is continuing their fight for justice for their son after his accused killer, a twice deported undocumented immigrant, fled to Mexico.
Amid an uptick of shootings across San Diego, on Thursday, community came together to discuss ways to stop gun violence in San Diego neighborhoods.
Crews dousing the smoldering remnants of a roughly 60-acre wildfire near Pala Casino had the burn area 100 percent contained Thursday night.
A terrifying scene played out in La Mesa earlier this week when an eighth grader was chased by a man with machetes on her way to school. The man accused – who allegedly had two machetes as he chased the 13-year-old girl – was shot by police and on Thursday was charged under unusual circumstances.
Imagine being at work, when suddenly your boss demands you stop what you're doing and take a break. In Thursday's Zevely Zone, Jeff's in the East Village with the San Diego Humane Society's first "kitten crash."
Beginning Thursday through July 4, 2018, U.S. veterans and up to three guests may enjoy free admission to SeaWorld San Diego as well as other SeaWorld Parks & Entertainment properties across the country. This new offer joins the ongoing Waves of Honor program that offers complimentary admission to any U.S. active duty military, activated or drilling reservist, or National Guardsman once per year, for the military personnel and as many as three direct dependents.
For four hours on Tuesday, a domestic violence suspect held police off with SWAT snipers positioned on rooftops in a Bay Terraces neighborhood. On Thursday, the man arrested answered to charges in court.
A furnace mishap at a South Bay funeral home briefly sent smoke from a crematorium into the air near the interchange of Interstate 5 and state Route 54 interchange Thursday, authorities reported.
Authorities say a couple from California and a man from southern Nevada man were among five people killed in a fiery three-vehicle crash on a remote highway northwest of Las Vegas.