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Inland manufacturing still up, but employment down

Manufacturing in the Inland Empire has now expanded for more than two years without interruption. The region’s purchasing managers index in January was 53.3, higher than the 50 benchmark that determines whether manufacturing is getting stronger or weaker, according to the monthly report by the Institute of Applied Research and …

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State unemployment edges up

Unemployment, Jobs Both Rise

California’s unemployment rate rose to 4.2 percent in December, despite state employers adding an estimated 24,500 non-agricultural jobs to their payrolls, according to data.  The state employment rate was essentially unchanged from November, when it was 4.1 percent, but down from 4.5 percent year-over-year, the state Employment  Development Department reported. …

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2018 was a solid year for the Inland Empire

Unemployment was down, housing remained affordable compared with other areas and wages were up. The region’s economy is positioned well as it starts into 2019, according to a report. By virtually every standard, the Inland Empire’e economy performed solidly in 2018. The region’s population grew, its job gains outperformed both …

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State unemployment rate holds steady

California’s unemployment rate remained at 4.1 percent in November, as employers statewide added 30,700 jobs to their payrolls. The state’s 4.1 percent jobless rate has been unchanged during the past three months and is the lowest it’s been in four decades, according to data released by the state Employment Development …

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Inland Empire industrial market should stay strong in 2019

The Trump Administration’s China tariff’s are the closest thing to a cloud on the horizon for a market that stayed red hot during all of 2018. More construction is expected and vacancy should  stay low, according to several brokers. Can the Inland Empire industrial market stay as strong in 2019 …

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Manufacturing growth slows

Inland Empire manufacturing kept growing during November, but not at the pace it has in recent months, according to data released Monday. The region’s purchasing managers index last month was 54, comfortably above the 50 benchmark that determines whether manufacturing is expanding or contracting, the Institute of Applied Research and …

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