Some California cities are still trying to determine what projects they can finish, while a harsh reality sinks in: nothing can replace redevelopment if a city’s goal is to replace blight. Sometime during the second half of this year, workers will begin widening the on-ramps and off-ramps at the Baseline-Interstate …
Read More »Local manufacturing stays on slow-growth path
Manufacturing in the Inland Empire held steady during January, as the two-county region continued to experience slow growth in that economic sector. The purchasing manager’s index for Riverside and San Bernardino counties last month was 51.9, a “slight decrease” from the 53.5 index recorded in December, according to Barbara Sirotnik, …
Read More »Inland Empire retail should hold its ground in 2014
Don’t look for much construction, but deals are out there, and absorption and lease rates should do at least as well as they did last year, according to analysts Despite an uncertain job market and a recession that won’t go away, 2014 should be a good year for retail in …
Read More »Want To Learn To Fly… What Are You Doing Tomorrow at 10:00AM?
How can a predicted Pilot Shortage, the lead guitarist from Hanson, and an Event January 25, 2014 at Cal Baptist University come together to benefit the local economy and bring good paying jobs to the Inland Empire… Well, although this sounds like the making of a blockbuster movie with multiple …
Read More »Inland retail market perks up
The Inland Empire retail market, all but dormant during the recession, is showing signs of life. Vacancy during the fourth quarter was 8.09 percent, down from 12.35 percent at the end of 2012, according to Voit Real Estate Services’ fourth quarter report on the two-county region. General retail had the …
Read More »Holiday shopping reaches the finish line
The Christmas shopping season ended with a whimper, not a bang, as frigid temperatures on the east coast and in the midwest brought retail activity in those parts of the country to a screeching halt. Sales dropped 5.4 percent for the week that ended Saturday compared with the previous week, …
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