Saturday , June 25 2022

Economy

IE manufacturing continues to grow

Inland Empire manufacturing

The Inland Empire’s manufacturing sector has grown for 21 consecutive months, according to data released last week. The region’s purchasing managers index in May was 54.4, the Institute of Applied Research and Policy Analysis at Cal State San Bernardino reported in its monthly analysis of the local manufacturing sector. That …

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Inflation might be around for awhile

That’s the viewpoint of Jay Prag, professor of economics at the Drucker School of Management at Claremont Graduate University. Prag spoke with IE Business Daily last week about why he believes the inflation isn’t going away soon, the general state of the economy and why he believes California should not …

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IE, state add jobs

The Inland Empire’s recorded a 3.8 percent unemployment rate in April, down from an adjusted 4.3 percent in March, according to data released today. At the same time, California posted 3.8 percent unemployment while the United States recorded a jobless rate of 3.3 percent, the California Employment Development Department reported. …

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IE Industrial market stays hot

IE manufacturing

The Inland Empire’s industrial market maintained its torrid pace during the first quarter of 2022, as inventory grew a little more than 618 million square feet during that time. At the same time, industrial vacancy in Riverside and San Bernardino counties fell to 0.6 percent, a record low and the …

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