Economy

California’s export trade reached $13.7 billion in February, up 2.6 percent from exactly one year earlier, according to data released April 8. At the same time, exports of manufactured goods rose 1.3 percent year-over-year, while the state’s overseas shipments of agricultural products and raw materials increased 8.6 percent compared with …

In December, Calmatters published an ominous forecast of California’s economy heading into 2024. “Danger Signs For California’s Economy” read the headline. The nonprofit, nonpartisan news website that covers California exclusively then spelled out disturbing trends that were starting to roil the state’s economy. Rising unemployment, a budget surplus that turned …

Retail accounted for 55 million full and part-time jobs in the United States in 2022, enough to make up 26 percent of the U.S. workforce, according to a study. Retail also contributed $3 trillion to the U.S. economy in 2022, or 20 percent of the labor income – the amount …

The Inland Empire’s manufacturing sector is growing again. Not by much, but it’s growing. The region’s purchasing managers index in March was 50.8, down from 52.1 the month before, according to the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. A decline is never good news, …

U.S. retail sales are expected to be between 2.5 percent and 3.5 percent this year, with total sales expected reach at least $5.2 trillion, according to the National Retail Federation. The 2024 forecast compares with the 3.6 percent annual sales growth of $5.1 trillion recorded last year, and conforms with the …

The Inland Empire in February recorded a 5.5 percent unemployment rate, unchanged from the first month of the year. Between January and February, non-farm employment in Riverside and San Bernardino counties increased from 1,684,900 to 1,687,400, while agricultural jobs declined by 400 during that time, according to data released March …