EMPLOYMENT
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Chapman University, continued ...
All four components of the indicator series, real exports, real GDP,
construction spending and S&P 500 showed negative year-over-year
growth rates in the second quarter of 2009.
• Real exports growth declined at an annualized rate of 15.7 percent and year-over-year percent change.
• Real GDP showed a decrease of 3.9 percent – lower growth rates compared to the previous quarter.
• The S&P 500 is lower by 28.2 percent from its level in the second quarter of 2008.
•
California construction spending which is derived from six-quarter
lagged real values of total building permit valuation, showed a
year-over-year decline of 23.2 percent in the second quarter of 2009.
The
weakness in all four components of the indicator series explains the
low reading of the indicator series and that suggests further job
losses in this quarter.
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Chapman University, continued ...
All four components of the indicator series, real exports, real GDP,
construction spending and S&P 500 showed negative year-over-year
growth rates in the second quarter of 2009. • Real exports growth declined at an annualized rate of 15.7 percent and year-over-year percent change.
• Real GDP showed a decrease of 3.9 percent – lower growth rates compared to the previous quarter.
• The S&P 500 is lower by 28.2 percent from its level in the second quarter of 2008.
• California construction spending which is derived from six-quarter lagged real values of total building permit valuation, showed a year-over-year decline of 23.2 percent in the second quarter of 2009.
The weakness in all four components of the indicator series explains the low reading of the indicator series and that suggests further job losses in this quarter.
<< PREVIOUS PAGE
Related headlines
Orange County Kohl's gears up for 4 openings; hiring 600
Orange County Entrepreneur Community gears up for e-mail-marketing seminar tonight
Orange County ranked seventh worst for high-paying jobs
SMS selected for National Women of Color Business Growth Initiative
