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Tag Archives: Economy

Inland Empire Rents on the Rise

Inland Empire Rents on the Rise

It’s getting more expensive to rent an apartment in the Inland Empire, although that’s not necessarily a bad thing. Rental rates were up 7.9 percent in Riverside and San Bernardino counties compared with June 2015, according to the latest edition of Matrix Monthly, which is published by Yardi Systems Inc. …

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Much Travel Expected for the Holiday Weekend

Much Travel Expected for the Holiday Weekend

Southern Californians are expected to get out of town – by road, air or sea – in big numbers this Fourth of July weekend. A little more than three million Southern California residents are expected to take an Independence Day vacation this year, be a 1.3 percent increase compared with …

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Inland Empire Consumer Spending Up

Inland Empire Braces for Shopping Season.001

Consumer and business spending in the Inland Empire is on the rise, according to data released Wednesday. Taxable sales in Riverside and San Bernardino counties grew 6.4 percent between the fourth quarter of 2014 and the fourth quarter of last year, the UC Riverside School of Business Administration Center for …

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State Adds Jobs, Unemployment Rate Drops

Employers in California added 15,200 workers to their payrolls during May, according to data released Friday by state Employment Development Department. Overall, the state’s unemployment rate stood at 5.2 percent at the end of last month, a solid number but above the national rate of 4.7 percent, the department reported …

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Job Market Hits a Bump in the Road

Jobs report could be bad for IE

The U.S. job market stalled last month, adding only 38,000 jobs, according to data released Friday. Despite that, the national unemployment rate dropped to 4.7 percent, down from five percent in April, the U.S. Department of Labor stated in its monthly jobs report. The new jobs number was reportedly the …

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Local Manufacturing Keeps Growing

Inland Empire Makes News in Manufacturing.001

The Inland Empire’s manufacturing sector recorded another solid month in May. The region’s purchasing manager’s index was 55.0, the fifth consecutive month it’s been above 50, according the monthly report on manufacturing by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino, which was released Wednesday. …

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