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Inland manufacturing grows for fourth consecutive month

The Inland Empire’s manufacturing sector stayed solid in January, according to data.  The region’s purchasing managers’ index last month was 54.4, a slight improvement compared with December and the fourth consecutive month that number has been above 50, according to the monthly report by the Institute of Applied Research and …

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State unemployment holds at 3.9 percent

U.S. add jobs, unemployment rate stays flat

California’s unemployment rate held steady in December at 3.9 percent, according to data. The state added 12,600 non-agricultural jobs during December, the 118th consecutive month California has added jobs, the state Employment Development Department reported. The December job gains were the result of growth in several job sectors, including 6,500 …

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IE apartment rent growth in top 10 nationally

Inland Empire apartment rents grew 4.2 percent during the fourth quarter of 2019, the seventh-largest year-over-year increase of any major U.S, market, a report stated. Phoenix topped the list at 8.1 percent, followed by Las Vegas at 5.7 percent, Nashville at 5.2 percent and Greensboro/Winston-Salem N.C. at 4.8 percent, according …

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IE manufacturing ends 2019 on upswing

Inland Empire manufacturing ended 2019 on a solid note, according to data. The region’s purchasing managers index for December was 53.6, up slightly from November and comfortably above 50, the number that determines whether manufacturing is expanding or contracting, the Institute of Applied Research and Policy Analysis at Cal State …

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Report: IE posts strong job growth

Solid Job Growth in December

The Inland Empire has experienced stronger job growth during the past year than the United States, California and nearby metropolitan areas in Southern California, according to data. The Inland region’s one-year job growth as of October was two percent, outperforming the United States (1.4 percent), California (1.8 percent), greater Los …

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Inland economy looks strong heading into 2020

Possible trade wars are the closest thing to a cloud on the economic horizon. More slow but steady growth in business activity, a pattern that’s been in place for several years, is the likely scenario for the next 12 months. How is the Inland Empire economy likely to perform in …

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