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Report: San Diego's Economy To Remain Sluggish

City News Service, KPBS

Wednesday, January 20, 2016

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The institute's Kelly Cunningham said regional economic growth this year could be 1.9 percent, short of the 2.1 percent estimated for last year.
"Going forward San Diego is likely to continue to slightly trail all of California and essentially match the rest of the nation," Cunningham said.
"In our forecast for San Diego, the region excels in some sectors, such as high-value (research and development) technology businesses, but lags in other areas of real estate and business services," Cunningham said. "Military spending cutbacks have also slowed the region's economic outlook."