All posts tagged "Economy"
State loses 99,000-plus jobs
California’s unemployment rate rose to 5.3 percent in March, a 1.4 percent month-over-month increase that marked the end of 120 consecutive months of job gains dating to the end of the Great Recession. As bad as those...
- Posted April 20, 2020
Coronavirus levels Inland Empire manufacturing
The first numbers are in, and they aren’t pleasant to look at. March was the worst month for local manufacturers in more than four years. We now know how much damage the Coronavirus can do to a...
- Posted April 13, 2020
Report: Coronavirus will damage the U.S. economy
But maybe not as bad as some have predicted – perhaps not even a recession – says the UC Riverside study. The Coronavirus pandemic will deliver a “serious hit” to the national and U.S economies, an its...
- Posted April 6, 2020
U.S. economy sheds 701,000 jobs
The U.S. economy lost 701,000 jobs in March, it’s worst month since 2009, as the full-impact of the Coronavirus pandemic began to be felt. This marked the first time since September 2010 that the country posted a...
- Posted April 5, 2020
Inland manufacturing floored by Coronavirus
The Coronavirus outbreak may have put its first dent into the Inland Empire economy. The region’s purchasing managers index, which measures the state of manufacturing in Riverside and San Bernardino counties, fell to 43.3 in March, the...
- Posted April 3, 2020
IE manufacturing stays strong
Inland Empire manufacturing is definitely operating on solid ground. The region’s purchasing managers index was 57 in February, up from 2.6 points from January, according to data released by the Institute of Applied Research and Policy Analysis...
- Posted March 10, 2020