The Economy

ArticleFebruary 2012

Corporate / Corporate consulting

Professor Adrian Fleissig released his latest southern California Leading Indicator.

Professor Adrian Fleissig released his latest southern California Leading Indicator. The update showed an increase in the Indicator by 0.78% in the fourth quarter of 2011. The Indicator has now increased for nine successive quarters and clearly shows that the Southern California region continues to experience moderate economic growth. With the 0.78% increase in the Indicator, the region can expect moderate growth in the next three to six months. The Indicator continues to closely track regional economic trends since it was first introduced in May 2000. While the Indicator continues to increase, the previous declines in the Indicator tracked the most recent decline in the Southern California region from end of 2007 through 2009.

The Orange County Register and San Diego Tribune are two of the numerous media outlets that cover Dr. Fleissig’s indicator. The good news, reflected in the headline of The Orange County Register 29 February 2012 was “Jobs outlook improves in SoCal.” According to Dr. Fleissig “there doesn’t seem to be any sign of going back into recession or slowing down.” The San Diego Tribune (29 February 2012) gave further insight into economic activity in the region “Southern California's economy is poised for continued growth.”

The indicator was first published in May 2000 and consists of both regional and national regional data. The southern California regional variables are building permits, Pacific region consumer confidence, nonfarm employment and the unemployment rate. The national variables are the real money supply, interest rates and Standard & Poor’s 500 stock index. The Indicator includes Los Angeles County, Orange County, San Bernardino County, Riverside County, Ventura County and Imperial County. His next release of the quarterly indicator is in May 2012.

More News and Insights


November 2016

New Rules for the Taxation of Dividends – what does it mean for Income Protection Claims?

In April 2016 new rules were introduced regarding the taxation of dividends and the notional ‘Dividend Tax Credit’ was abolished. While the new system is much simpler and more akin to the taxation of other incomes, the below demonstrates how it could lead to individuals manipulating how they extract income from their companies to minimise their tax liability, which could, in turn, impact the assessment of pre- and post-incapacity earnings for the purposes of assessing an income protection claim.


November 2016

Diary of a forensic accountant: Part 3

On a typical day, there is a wide variety of different tasks to be completed, from preparing calculations to writing reports to attending meetings, interacting with owners of a range of businesses, senior claims professionals from the insurance industry and various representatives from the legal profession.


October 2016

Q&A: When management hanky-panky is suspected, should a board hire a forensic auditor?

In the Los Angeles Times, Hank Kahrs takes on a question about potential mismanagement of a board's finances.

iStock 77034745 XLARGE Cell Phone at Night


October 2016

Booming or Busting: Samsung's Trouble with Quality

Since its launch in August, Samsung’s rollout and subsequent recalls of the Note 7 have been severely affected by quality and safety issues as a result of the lithium-ion batteries overheating, and in some reported incidents, even catching fire.

Every case is unique – talk to RGL today

Get in touch with our London Office

02:20 pm

Local time