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Tag Archives: Economy

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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Are millennials to blame for the drop in homeownership?

Millennials to blame for the drop in homeownership

The percentage of people who own a home in the United States is down to levels not seen since the 1960s. Some say the problem is a shortage of first-time buyers. Is owning a home, the so-called American Dream, becoming a thing of the past? Probably not, but it appears …

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Local gas prices drop

Inland Empire Business News August 18th, 2014.001

Gasoline prices in the Inland Empire remained below $4 a gallon this week but still remained well above where they were one month ago. The average price of a regular gallon of gasoline in the Riverside-San Bernardino metropolitan area this week was $3.94, down about 13 cents from the previous …

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