Economy

The streak is over. The Inland Empire’s purchasing managers index was 49 in August, down from 53 in July and below 50 for the first time in nearly two years, according to data released by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. That’s the …

Inland Empire manufacturing continued to grow in July, but at slower rate than it grew during the previous month, according to data released today. The region’s purchasing managers index last month was 53, down from 56.2 in June but well above the 50 benchmark that determines growth or retraction in …

Despite COVID-19 and the economic turmoil created, as well as rumors of a recession, manufacturing in Riverside and San Bernardino counties is approaching two years of uninterrupted growth. No one can say for sure, but several local experts believe that trend probably won’t change soon.     Maybe the Inland …

Inland Empire business activity grew by 4.7 percent in the first quarter of this year, up from 6.4 percent expansion during the fourth quarter of 2021, according to a report released Thursday. The two-county region outperformed the nation, which saw its gross domestic product fall by 1.5 percent during the …

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 …

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 …