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Economy

Inland manufacturing enjoys solid February

Torres proposes day to honor manufacturing

Inland Empire manufacturing posted its second consecutive solid month in February, the result of more orders, better production and higher employment. The region’s purchasing managers index during the second month of 2025 was 60, up from 56.5 in January and well above the abysmal 42.5 posted at the end of …

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State exports off to a good start in January

State exports up

California exported an estimated $14.9 million in goods in January, a 7.8 percent year-over-year increase, according to a report. During the same period, U.S. exports rose by 1.3 percent, to $172.779 billion, Beacon Economics in Los Angeles reported. California’s share of national exports during the first month of 2025 was …

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Economist: AI likely a threat to Inland jobs

Economist: AI likely a threat to Inland jobs

The Inland Empire economy faces a dire threat from artificial intelligence, more so than other parts of California due to the fact that the two-county region has so many service sector jobs, according to a local economist. “AI is not coming, it’s already here, and it’s a direct threat to …

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U.S. retail has solid January

IE retail post negative net absorption

Nationwide retail sales posted a strong year-over-year gain in January – 5.4 percent – despite a letdown following a better-than-expected holiday shopping season. Total retail sales, not counting automobiles and gasoline, were down one percent between November and December, according to data compiled by the Retail Monitor for CNBC and …

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State export trade has OK December

State exports up

California’s export trade was valued at $14.9 billion in December, essentially unchanged from one year earlier. During the same 12-month period, state exports fell to $166.072 billion from $167.724 billion, and California’s percentage of national exports – nine percent – was also effectively the same year-over-year, according to Beacon Economics …

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Inland manufacturing doesn’t stay down long

IE manufacturing

Inland Empire manufacturing roared back to life in January, posting a purchasing managers index of 56.5 amid an across-the-board surge of new orders, production expansion, inventory growth and employment. That performance came one month after the region posted an index of 42.5, well below 50, the dividing line for determining …

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