Friday , March 29 2024

Economy

Purchasing Index Bounces Back

Inland Empire manufacturing is growing again, at least for now. The region’s purchasing managers index last month was 52.3, well above the 45.9 index that was recorded in October, according to data released Tuesday by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. Anything below …

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High Desert Economy Gets a Good Grade, for the Most Part

High Desert Economy Gets a Good Grade, for the Most Part

Economist John Husing tells a gathering of business and community leaders that he likes the region’s job creation but is concerned about some other things, in particular how many people there rent rather than own their homes.   The High Desert economy is on the mend and should continue to improve …

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Inland Empire Jobless Rate Down

Inland Empire Jobless Rate Drops.002

Unemployment was down in the Inland Empire during October, as the region continued its recovery by adding jobs in multiple sectors. Riverside County recorded a 6.5 percent unemployment rate last month, down nearly two percent compared with October 2014, according to data released Friday by the California Employment Development Department. …

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Inland Manufacturing No Longer Growing

The Inland Empire’s manufacturing sector is officially stagnant. The region’s purchasing managers index for October was 45.9, the third consecutive month that number has been below 50, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino, which released the monthly index Monday. Both of …

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Retailers expect a solid holiday shopping season in 2015

Retailers expect a solid holiday shopping season in 2015

Two of country’s major retail trade association are predicting more than a three percent year-over-year increase, in sales, and at least one local mall expects this to be a good year. A better economy and lower unemployment are some reasons for the optimism. Even though it’s not yet Halloween, much …

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Inland jobless drops

inland empire jobs

Unemployment in the Inland Empire fell to 6.1 percent in September, as the two-county region added 3,500 non-agricultural jobs month-over-month. That was down from 7.8 percent exactly one year earlier, and was reportedly the lowest jobless rate the two-county region has recorded since September 2007, according data released Friday by …

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