PIC Intel
PIC’s experts share analysis and perspectives on key trends and policies affecting San Diego and other U.S. regions. For media inquiries, please email Olivia Stafford at olivia@jwalcher.com or Mariah Almasco at mariah@jwalcher.com at J. Walcher Communications, or call (619) 295-7140.

December Economic Report: Labor market update & invite to a special event!
Just in time for the Twelve Days of Christmas, economists are celebrating the belated release of Q4 data.

November Economic Report: What delayed data showed, Fed’s rate dilemma
Due to the longest government shutdown in U.S. history, the state of the economy is murky.

September & October Economic Report: San Diego and the D.C. Shutdown
30 days — that’s how long the federal government has been shut down as of Thursday, Oct. 30. Across the U.S., 900,000 federal workers are being furloughed.

August Economic Report: National labor market shakes, SD gets slight boost
August’s jobs data suggests San Diego had a better-than-expected month, but there are dark clouds on the horizon.

July Economic Report: San Diego’s Labor Market Keeps Dropping
July’s jobs report delivers a one-two punch: San Diego leads the nation in inflation while unemployment climbs for the fourth straight month.

June Economic Report: Why is SD’s unemployment rate surging?
The unemployment rate just increased by nearly a whole percentage point in June. What does it mean for San Diego?

May Economic Report: Unemployment goes up despite tourism hiring
Each month, PIC simplifies the latest data in a monthly newsletter based on California’s jobs report, which helps gauge the economic pulse of San Diego County.

Pulse on Policy: Understanding Greater San Diego’s Immigrants at a Challenging Moment
The first four months of the second Trump administration have brought about many radical changes to the execution of federal policy, not only compared to the previous presidential administration, but also relative to historical norms.

March Economic Report: San Diego’s Unemployment Held Steady in March, Not Yet Reflecting Federal Headwinds
Chief Economist analyzes recent unemployment rates from March 2025

Pulse on Policy: Assessing and Addressing Emerging Risks Facing Greater San Diego’s Nonprofits
The first 100 days of the second Trump administration have challenged leaders in all sectors of the U.S. economy.

February Economic Report: Federal Workforce Cuts to Rattle San Diego’s Steady Employment
Chief Economist analyzes February 2025 unemployment data and federal impact on local workforce

Pulse on Policy: What New Leadership in Washington Could Mean for the San Diego Economy
The first two months of the second Trump administration and the 119th Congress have unleashed changes, both real and potential…

December Economic Report: Steady Employment Counters San Diegans’ Reality
Chief Economist Analyzes December’s Data and Looming Challenges