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Economy

Businesses adapt to stay alive during COVID-Crisis

Some are thriving, although the problems caused by the worst public health crisis in a century has caused some businesses to rethink themselves and even change course. One businesswoman, Wendy King of OEM Supply King, compared the first months of the pandemic to the Wild West. In normal times, 2020 …

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Growth of Inland manufacturing slows

Inland Empire manufacturing

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 …

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Inland economy sends out mixed signals for 2021

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 …

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Inland manufacturing finishes 2020 on a positive note

Inland Empire manufacturing

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 …

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IE manufacturing bounces back … for now

Car Manufacturer

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 …

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State unemployment falls to single digits

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 …

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