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Region's Economic Growth to Remain Sluggish, Report Says

Sarah de Crescenzo, SAN DIEGO BUSINESS JOURNAL

Wednesday, June 22, 2016

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Erik Bruvold, president of the organization, spoke Wednesday morning to members of the North San Diego Business Chamber during an event at Sony Electronics about the region’s “middling” economic outlook.

Although the region led the state and nation in economic growth in 2011 and 2012, progress since then has slowed, he said.

While the region is reaching full employment, with a 4.2 percent rate of unemployment recorded in May, neither household income nor sales are expected to return to pre-recession highs this year, Bruvold said.