The April San Joaquin Valley Business Conditions Index, released this week, registered its largest one-month increase since December 2012.
For the 16th time in the past 17 months, the San Joaquin Valley Business Conditions Index rose above the growth neutral threshold.
The index, produced by Fresno State’s Craig School of Business, is a leading economic indicator from a survey of individuals making company purchasing decisions in the counties of Fresno, Madera, Kings and Tulare.
The overall April index advanced to 55.9 from 52.0 in March. An index of greater than 50 indicates an expansionary economy over the course of the next three to six months...