Economy

California exported an estimated $16.4 billion worth of merchandise in October, a 5.3 percent year-over-year increase, according to data released Dec. 5. During the same period, U.S. exports fell 0.7 percent, to $176.876 billion, which allowed California’s share of the country’s exports to rise to 9.3 percent, Los Angeles-based Beacon Economics …

A law meant to put the brakes on logistics development could lead to a flood of logistics development in 2025, not only in the Inland Empire but statewide. AB 98, which Gov. Gavin Newsom signed into law in September, puts in place a series of environmental and community health protections …

Approximately 197 million people went shopping during the five-day Thanksgiving Weekend, according to data released Dec. 3. That is second only to last year’s record of 200.4 million U.S. shoppers who bought gifts at least once starting on Thanksgiving Day and ending Cyber Monday, the National Retail Federation in Washington, …

Fifty four percent of U.S. consumers say they expect to give out clothes or clothing accessories as gifts this holiday season, according to a report. A record number of people (183.4 million) are expected to shop during the Thanksgiving holiday weekend and a new survey from the National Retail Federation and …

A little more than 183 million people say they will shop in store or online during the Thanksgiving Day weekend. If that forecast is correct, it will top last year’s record of 182 million shoppers during the five-day weekend that begins Thanksgiving Day, and lasts through Cyber Monday, according to …

California lost 5,500 non-agricultural jobs in October, according data released by the Employment Development Department. That follows a month in which the state added a revised 12,700 non-farming jobs, the department reported Nov. 15. The state’s adjusted unemployment rate in October – 5.4 percent – was essentially unchanged from September. …