The Consumer Price Index
(CPI) is a measure of the
average change over time in
the prices paid by urban
consumers for a market basket
of consumer goods and
services. The CPI is the
most widely used measure of
inflation. The data is
seasonally adjusted and uses
a base period of 1982-1984.
A survey of consumer
attitudes concerning both the
present situation as well as
expectations regarding
economic conditions conducted
by the University of
Michigan. For the preliminary
release, approximately 300
consumers are surveyed while
500 are interviewed for the
final figure. The level of
consumer sentiment is related
to the strength of consumer
spending. This report is
released twice per month. The
first is a preliminary figure
while the second is the final
(revised) figure. Preliminary
values will be replaced by
final figures at the end of
each month. Base year
1966=100.
The Cost of Funds Index
(COFI) for the 11th District
reflects the interest
expenses reported for a given
month by the COFI Reporting
Members’ various sources of
funds. Only Arizona,
California, and Nevada
savings institutions that are
members of the Federal Home
Loan Bank of San Francisco
are eligible to be considered
for inclusion in the COFI.
The Bank reserves the right
to determine what type of
institution satisfies its
criteria for inclusion in the
COFI and its criteria may
change in the future to
reflect changes in relevant
law. The COFI is a ratio of
monthly interest expenses to
total funds, adjusted for
variation in the number of
days in that month,
annualized and expressed as a
percentage. The movement of
COFI is affected by a number
of factors, such as changes
in market interest rates, the
sources of funds used by the
COFI Reporting Members,
merger and acquisition
activities, and changes in
accounting rules or
regulatory reporting
instructions.
A monthly analysis from
Monster.com of online
job demand nationwide based
on a review of opportunities
culled from a selection of
corporate career sites and
job boards, including
Monster. The Monster
Employment Index launched in
2004. The baseline value of
100 represents the average
monthly job counts during the
first 12 months of the Index.
In this manner, the Index
measures changes in online
job availability over time.
Monster announced it will no
longer release the Monster
Employment Index as it feels
an index that measures only
online job posting activity is
no longer an accurate measure
of its business, nor the
market at large. The Daily
Transcript is researching a
possible replacement to this
index.
A monthly analysis from
Monster.com of online
job demand in San Diego
County based on a review of
opportunities culled from a
selection of corporate career
sites and job boards,
including Monster. The San
Diego Index launched in 2007.
The baseline value of 100
represents the average
monthly job counts during the
first 12 months of the Index.
In this manner, the Index
measures changes in online
job availability over time.
Monster announced it will no
longer release the Monster
Employment Index as it feels
an index that measures only
online job posting activity is
no longer an accurate measure
of its business, nor the
market at large. The Daily
Transcript is researching a
possible replacement to this
index.
The number of employed
individuals in the labor
force in San Diego County.
A measure of six economic
indicators for San Diego
County, tracking month-over-
month changes in new building
permits, unemployment
insurance, stock prices of
local companies, local
consumer confidence, help
wanted advertising, and
economic indicators from the
national economy. It was
created in 1977 with a base
value of 100.
Continued unemployment claims
are compiled weekly to show
the number of individuals who
continue filing for
unemployment insurance.
Individuals must respond to
questions concerning their
continued eligibility, report
any earnings from work during
the week(s), and report any
job offers or refusal of work
during the week.
New unemployment claims are
compiled weekly to show the
number of individuals who
filed for unemployment
insurance for the first time.
An increasing (decreasing)
trend suggests a
deteriorating (improving)
labor market. The four-week
moving average of new claims
smoothes out weekly
volatility. The Unemployment
Insurance Program provides
unemployment benefits to
eligible workers who are
unemployed through no fault
of their own, and meet other
eligibility requirements of
state law.
The average retail price of a
gallon of unleaded gasoline
from gas stations throughout
San Diego County.
A lien to secure payment of
work performed or materials
furnished in construction of
property. Often indicates the
relative strength or weakness
of the San Diego County
construction industry because
it details the number of jobs
interrupted by financial
issues.
A notice recorded to show
that a construction job is
finished. Often indicates the
relative strength or weakness
of the construction industry
in San Diego County.
A notice recorded to show
that the borrower has not
made timely payments of
interest and principal as
required or met other
provisions of a bond,
mortgage, lease or other
contract. Trails the
performance of the San Diego
County economy because it
indicates borrowers cannot
pay bills in a timely manner.
The Producer Price Index
(PPI) for Material & Supply
Inputs to Construction
Industries is specific to
construction industry supply
materials and measures the
average change over 12 months
in the selling prices
received by domestic
producers for their output.
The PPI captures price
movements prior to the retail
level. Therefore, they may
foreshadow subsequent price
changes for businesses and
consumers. The base date is
June 1986.
Annual nonfarm business
sector labor productivity
measures the growth of labor
efficiency in producing the
economy's goods and services
from the previous year. Unit
labor costs reflect the labor
costs of producing each unit
of output. Both are followed
as indicators of future
inflationary trends because
they indicate pressure for
higher wages and faster
economic growth. Labor
productivity is measured by
calculating the ratio of the
output of goods and services
to the labor hours devoted to
the production of that output.
Quarterly nonfarm business
sector labor productivity
measures the growth of labor
efficiency in producing the
economy's goods and services
from the previous quarter at
an annualized rate. Unit
labor costs reflect the labor
costs of producing each unit
of output. Both are followed
as indicators of future
inflationary trends because
they indicate pressure for
higher wages and faster
economic growth. Labor
productivity is measured by
calculating the ratio of the
output of goods and services
to the labor hours devoted to
the production of that output.
A document commonly used to
signify payment in full of a
trust deed. Shows an increase
or decrease in the number of
mortgages paid in full in San
Diego County. Often used to
track the level of
refinancing activity in San
Diego County.
The Advance Monthly Sales for
Retail and Food Services
provides early estimates of
monthly sales for companies
in the retail trade and food
services sectors. This
voluntary survey covers
retail companies with one or
more establishments that sell
merchandise and related
services to final consumers.
These firms provide data on
dollar value of retail sales
for selected establishments.
Retail sales measure the
total receipts at stores that
sell durable and nondurable
goods. Consumer spending
accounts for approximately
two-thirds of GDP and is
therefore a key element in
economic growth and a key
influence on stock and bond
markets. Data is seasonally
adjusted. Dollar figures in
billions.
A price-weighted index
designed to measure the
performance of San Diego's
publicly traded companies.
The index was developed with
a base value of 100 as of
Dec. 31, 2002.
The value of the end-of-month
stocks held by manufacturers,
wholesalers and retailers.
These inventories are valued
at cost using non-LIFO (last
in, first out) methods of
valuation. Data is seasonally
adjusted. Dollars in billions.
A transfer of title to real
estate or granting of a lien
upon real estate of a debtor
to his creditor. It is
intended as security for the
repayment of a loan.
Indicates the movement of the
number of issued mortgages in
San Diego County.
A deed, or document that
transfers the title of real
estate, passes ownership of
real estate in default to the
buyer from the guardian of
the trust deed. Tracks the
movement of foreclosures in
San Diego County.
The number of unemployed
people in the labor force in
San Diego County. Individuals
are classified as unemployed
if they are jobless, actively
looking for work in the last
four weeks, and available for
work.
The number of unemployed
people in San Diego County
over the age of 16 and
available for work. The
unemployment rate represents
the number of unemployed as a
percentage of the total
population. Indicates the
strength of the San Diego
County economy.
The number of equity
investments in early-stage
and innovative companies by
quarter, or every three
months. Tracks the level of
venture capital funding in
companies headquartered in San
Diego County. Dollars in
millions.