Economy

Inland Empire manufacturing is definitely operating on solid ground. The region’s purchasing managers index was 57 in February, up from 2.6 points from January, according to data released by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. More important, February was the fifth 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 …

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 …

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 …

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 …

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 …