Economy

U.S. consumers will spend an average of $1,047.83 this holiday season, about four percent more than they spent last year, according to the National Retail Federation. Shoppers between 33 and 44 years old say they will spend the most, $1,158.63, the Washington, D.C.-based nonprofit reported its annual survey of likely holiday …

Employment is up and people have money to spend, so the upcoming Christmas season should be a good one for retailers. Most important, it should be an improvement on last year, but issues like tariffs and the political turmoil in Washington loom on the horizon. All signs point to a …

For the second time in four months, the Inland Empire’s purchasing managers index has dipped below 50, the number that determines whether the region’s manufacturing sector is expanding or contracting. September’s index, 49.7, was down from 50 in August and 55 in July, according to data release by the Institute …

Industrial activity in greater Los Angeles, which includes the Inland market, appears headed for a record year of investment, according to a report released Tuesday. Sales of industrial properties in Los Angeles, Orange County and the Inland Empire totaled more than $7.4 billion during the first eight months of 2019, …

The trend toward more online shopping means more logistics jobs and that could work to the Inland Empire’s advantage as retailers get ready for the holidays. Two thousand and nineteen is looks like it will be a good year for holiday hiring in the Inland Empire. The economy remains strong, …

The Inland Empire’s manufacturing sector settled for a tie in August. The region’s purchasing managers index last month was 50, meaning manufacturing neither expanded nor contracted last month, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. The monthly index has behaved erratically lately. …