Halloween spending in 2024 won’t quite reach the heights that it did last year, if the forecast by the National Retail Federation proves to be correct. But it will come close, and it will still be a lucrative year for retailers who will be selling candy, costumes and ghoulish decorations …
Read More »IE adds jobs in August
The Inland Empire posted a six percent unemployment rate in August, essentially unchanged from the previous month but above the 5.3 percent predicted one year ago. Those numbers are not adjusted for seasonal factors that typically impact the employment market, according to the state Employment Development Department. California’s unadjusted jobless …
Read More »U.S. retail sales continue to rise
U.S. retail sales rose in August, the result of rising consumer demand and a decline in inflation making up for a slight drop in job growth, according to a report. Retail sales nationwide, were up 0.4 percent month-over-month and 2.1 percent year-over-year, according to the National Retail Federation and CNBC. …
Read More »State exports up
California’s exports increased 6.7 percent in July compared with exactly one year earlier, with a total value of nearly $15 billion, a recent study has found. The state was also the landing spot for nearly16 percent of all goods that came into the United States during the seventh month of …
Read More »Inland manufacturing improves slightly
Manufacturing in the Inland Empire stayed up in August, posting modest growth for the second consecutive month. The region’s purchasing managers index last month was 51.3, up from 50.9 in July, a modest increase but a possible sign of sustained growth, according to the monthly report on Inland manufacturing by …
Read More »IE leads U.S. in large industrial leases
Fifteen of the 100 largest industrial leases in the United States during the first half of 2024 happened in the Inland Empire, according to a report. Those transactions, which totaled 12.5 million square feet, included the most new leases and the most leases of one million square feet or larger, …
Read More »