Economy

The Inland Empire’s manufacturing sector recorded its fourth consecutive month of growth in December, although it did so in a less-than-impressive fashion. The two-county region’s purchasing managers index for the last month of 2020 was 50.6, down from 55.5 in November, according to data released by the Institute of Applied …

The two-county region is definitely struggling, but there’s a reason for some optimism as 2020 comes to a close. There’s no arguing that the Inland Empire economy isn’t anywhere close to the top of its game as 2020 comes to a close, having taken a severe beating from COVID-19 during …

Now comes the more daunting challenge: Keeping the all-important sector a float during 2021. With COVID-19 still a factor that won’t be easy, but there are reasons for optimism as the new year approaches. After one of the most difficult economic years ever, the Inland Empire’s manufacturing sector will enter 2021 …

At least for the moment, the Inland Empire’s manufacturing sector is back on the positive side of the ledger. The region’s purchasing managers index in November was 55.5, down from 61 in September, according to data released by the Institute of Applied Research and Policy Analysis at Cal State San …

California’s unemployment rate fell to 9.3 percent in October, down nearly two points month-over-month, according to data released Friday. Non-agricultural jobs grew by 145,500 between September and October, the third-largest job gain since 1990, the state Employment Development Department reported. California’s unemployment rate remained well above the national rate, 6.9 …

Inland Empire manufacturing performed superbly in October, completing a two-month pattern that began in March when COVID-19 hit. The region’s purchasing managers index was 61, up from 53.4 in September and 11 points above 50, the dividing line that determines whether manufacturing is expanding or contracting, the Institute of Applied …