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Inland Empire Business News August 13, 2014.002
Inland Empire Business News August 13, 2014.002

IE praised for growth

The Inland Empire is the fastest-growing region in Southern California, and that trend will continue for about five years, according to a forecast released last week.

Available land, major transportation corridors and its closeness to the ports of Los Angeles and Long Beach have combined to make the Inland region a large growth, according to the forecast by Beacon Economics in Los Angeles.

The Inland Empire has been responsible for two-thirds of the jobs created throughout California in 2012 and 2013, even though it’s home to only 7.4 percent of the businesses in the state, according to the forecast, which was released Thursday.

The two-county region’s economic recovery has also been spread among different sectors and not confined to the construction and housing industries, as was the case when the housing bubble burst, the forecast stated.

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