All posts tagged "Economy"
IE manufacturing still sluggish
The Inland Empire’s manufacturing sector perked up last month, but not quite enough to put it in growth mode. The region’s purchasing managers index was 47 in August, up from 42.9 in July but three below the...
- Posted September 5, 2020
State adds 140,000-plus jobs
California employers added 140,400 non-agricultural jobs in July, as the state appears to be making a slow improvement from the worst of the COVID-19 pandemic. The state’s unemployment rate fell to 13.3 percent, down 1.6 percent from...
- Posted August 25, 2020
Economy adds 1.8 million jobs
U.S. employers added 1.8 million jobs in July, the third straight month of improvement for the nation’s struggling job market. Last month’s job gains was a sold number that exceeded the expectations of some economists, but it...
- Posted August 11, 2020
Inland manufacturing suffers huge hit
Inland Empire manufacturing fell to 42.9 in July, a month-over-month drop of 12.8, according to data released Monday. Below 50 means the manufacturing sector is contracting, so the July purchasing managers index is not good news for...
- Posted August 6, 2020
A return to a normal economy isn’t on the horizon anytime soon
When COVID-19 hit some were predicting a quick economic recovery, maybe even avoiding a recession. Now they’re singing a different tune. It has become one of the country’s most asked questions in the last month or two,...
- Posted July 27, 2020
June report on Inland manufacturing good, but may not be sign of recovery
The monthly purchasing managers index showed an expanding manufacturing sector, but that might have been because the market had nowhere to go but up. On the surface, the June purchasing managers index for Riverside and San Bernardino...
- Posted July 20, 2020