Economy

U.S. retailers should be looking forward to the 2024 holiday shopping season, because it’s expected to be a solid one. It will not, however, be anything spectacular, if several forecasts ends up being correct. Spending on clothing, toys, gift cards, food and other items is expected to grow between 2.5 …

California exported $16.1 billion worth of goods in August, a year-over-year increase of 9.9 percent, according to data released Oct. 8. At the same time, U.S. exports totaled $180.442 billion, a 5.2 percent increase compared with August 2023, Beacon Economics in Los Angeles reported. That was enough to give California …

The Inland Empire industrial market struggled during the third quarter, recording negative absorption and a drop in construction. Vacancy was 6.8 percent, unchanged from the second quarter, the first time in two years that number did not go up, according to CBRE. Eleven point six million square feet of industrial …

The Inland Empire manufacturing sector is growing again. The two-county region’s purchasing managers index was 56.2 in September, up from the 51.3 index recorded in August, according to a report released Oct. 4 by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. More important than …

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 …

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 …