Economy

California added nearly 20,000 non-agricultural jobs in July, the 113th consecutive month the state has experienced job expansion, according to data released Friday. The states’s unemployment rate fell to a near-record low of 4.1 percent, thanks mostly to strong job gains in healthcare, administrative support, finance-insurance and transportation-logistics, the State …

Well, that didn’t take long. Only one month after the Inland Empire’s purchasing managers index fell below 50 for the first time in more than two years, the much-watched statistic came roaring back, according a report released Thursday. July’s index was 55, comfortably above the 50 benchmark that determines if …

For the first time in nearly two and a half years, the region’s purchasing managers index has fallen below 50. The next two reports will determine if that was an aberration or a trend. For at least another month, there will be some apprehension about the Inland Empire’s manufacturing sector. …

Job growth in the Inland Empire slowed during the second quarter, just as it did statewide, according to a report. From May 2018 to May 2019, non-agricultural employment in Riverside and San Bernardino counties increased a modest 1.7 percent, about the same as California, according to an analysis by the …

The streak is over. For the first time in 29 months, the Inland Empire’s purchasing managers index in June fell below 50, the baseline that determines whether manufacturing is expanding or contracting, according to data released this week. It’s too early to panic, because three consecutive months in either direction …

Business growth in the Inland Empire has outpaced new business growth in the state, according to data released this week. The number of businesses in Riverside and San Bernardino counties grew by 11 percent between 2011 and 2016, the UC Riverside School of Business Center for Economic Forecasting and Development …