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Economy

Gas prices drop as holiday approaches

Inland Empire Business News August 18th, 2014.001

Californians who are planning to get out of town this Labor Day weekend might catch a break at the gas pump. As of Tuesday, state motorists were paying an average of $3.38 cents for a gallon of regular gasoline, about 45 cents less than they were paying one year ago, …

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State adds jobs but jobless rate barely moves

Inland Empire Business News December 17th.002

California’s unemployment rate fell to 6.2 percent in July, essentially unchanged from June, the state reported Friday. State employers added 80,600 non-agricultural jobs last month. California has added more than two million jobs since the recovery began in February 2010, according the state Employment Development Department. Year-over-year, California’s unemployment rate …

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School shopping lags … again

IE School Shopping Down

School is just around the corner, but some people are apparently taking their time with their back-to-school shopping. Families with children in kindergarten through 12th grades on average report having completed only half of their shopping for the upcoming school year, according to data released Wednesday by the National Retail …

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Gas prices still high, despite recent drop

Gas prices still high, despite recent drop

California motorists are finally getting some relief at the gas pump. The average price of a gallon of regular gasoline fell two cents Tuesday to $3.56, the 15th consecutive day that price decreased, according to AAA’s Daily Fuel Gauge Report. California still has the highest average price per gallon in …

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Import numbers point to a good Christmas

Inland Empire Starts 2014 with a Bang.002

Import container volume in the United States is expected to increase 3.6 percent year-over-year, according to the National Retail Federation. For the year, imports are expected to be up 4.2 compared to 2014. Since this is when overseas retailers begin importing goods for the holiday season, both of those numbers …

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National job growth slows

Inland Empire Business News December 17th.002

The U.S. economy continued to add jobs in July, though at a slower pace than the number added earlier this year. Non-farm payroll jobs increased by 215,000 last month, a solid number but still down from the average of 235,000 jobs that were added during April, May, and June, according …

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