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 …
Read More »Solid start to holiday shopping season
Just under 190 million U.S. consumers shopped at least once from Thanksgiving Day through Cyber Monday, a record, the National Retail Federation announced Wednesday. That was a 14 percent increase compared with last year, when nearly 168 million people went shopping during that five-day period, the federation reported, citing data …
Read More »Holiday spending expected to stay strong
Consumer spending should stay strong during the holiday season despite uncertainty about international trade and a slowdown in the global economy, according to the world’s largest commercial real estate brokerage. Sales are expected to grow approximately three to four percent year-over-year, with e-commerce sales expected to grow by 11 to …
Read More »IE manufacturing stays above water
The Inland Empire’s manufacturing sector in November grew for the second consecutive month, according to data. The region’s purchasing managers index was 52.1 last month, down from 54 in October but still above the 50 benchmark that determines whether manufacturing is growing or sinking, the latest monthly report from the …
Read More »Report: IE business activity outdoes U.S.
For the second consecutive quarter, the Inland Empire outdid the nation in business performance, according to a recent report. During the third quarter, business activity in Riverside and San Bernardino counties rose 2.3 percent year-over-year, compared with 1.9 percent growth in the gross domestic product, according to the UC Riverside …
Read More »Inland manufacturing back on good side of the ledger …. for now
The Inland Empire’s manufacturing sector has once again bounced back for a bad month. The region’s purchasing managers index was 54 in October, comfortably above the benchmark that determines whether that sector is expanding or contracting, according to the Institute of Applied Research and Policy Analysis at Cal State San …
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