Economy

The local economy will grow six to 10 percent between now and the end of the year, according to the economic forecasting center at UC Riverside. It’s a bold prediction, and there’s reason to expect a strong turnaround locally and statewide, but some economists say there could be fallout from …

Inland Empire business is in “clear-cut recovery mode” and will return to its pre-pandemic performance by the end of 2021, a report released earlier this week predicts. Commerce in Riverside and San Bernardino Counties will rise between six and ten percent between now and the end of the year, as much …

The Inland Empire recorded a 7.2 percent unemployment rate in May, down slightly from April and well below the 14.9 percent predicted one year ago. Riverside County’s unemployment rate was 7.2 percent, San Bernardino County’s 7.3 percent, according to data released last week by the California Employment Development Department. One …

California’s economy officially reopened Tuesday, the result of increased vaccinations leading to a drop in COVID-19 cases. Fully vaccinated individuals no longer need to wear face coverings in most indoor and outdoor settings, but everyone must continue wearing a mask on airplanes, buses, trains, and at airports and transportation stations …

The Port of Los Angeles Thursday finished processing 10 million container units in the previous 12 months, the first port in the western hemisphere to accomplish that feat. Mayor Eric Garcetti, longshore labor leaders and port officials gathered at the Fenix Marine Services Container Terminal to watch the 10 millionth …

Inland Empire manufacturing stayed solid in May, growing for the ninth consecutive month. The region’s purchasing managers index last month was 62.4, down slightly from April but still well above the 50 benchmark that determines growth or no growth, according to data released Tuesday by the Institute of Applied Research …