Tuesday , January 31 2023
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Inland Empire rents rise

Apartment Rental Rates Expected to Rise

The average monthly multifamily rent in the United States last month was $1,350, a month-over-month increase of only $1, a report released Thursday stated. Year-over-year, multifamily rents were up 2.6 percent in July, according to Yardi Matrix, a global commercial real estate research and data firm. Multifamily rents have gone …

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More jobs, but employment rate is stagnant

U.S. add jobs, unemployment rate stays flat

The U.S. economy added 209,000 non-agricultural jobs in July, the U.S. Department of Labor reported Friday. Unemployment remained essentially unchanged last month at 4.3 percent, although that did match the 16-year low the nation’s jobless rate reached in May, according to the department’s monthly jobs report. Average hourly earnings in …

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Clean air, climate change measures help Inland Empire economy

Inland Empire Rents on the Rise

An estimated $9.1 billion and 41,000 jobs were added to the Inland Empire economy from 2010 to 2016, the result of clean air initiatives and the battle to stop climate change, a study has found. Indirectly, that spending created more than 73,000 jobs and pumped approximately $14.2 billion into the …

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Local manufacturing stays hot

Inland Empire Makes News in Manufacturing.001

Manufacturing in the Inland Empire grew for the seventh consecutive month in July. The region’s purchasing managers index last month was 58.3, a month-over-month increase of 3.5, according to a report released Wednesday by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. Fifty or above …

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State employment has flat month

Large Job Gains Doesn’t Stop Unemployment Jump

California recorded a 4.7 percent unemployment rate in June, while losing an estimated 1,400 non-agricultural jobs, according to data released Friday. The unemployment rate, which was unchanged from May, matched the record low recorded in November-December 2000, the state Employment Development Department. By comparison, the national unemployment rate in June …

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Pace of Inland Empire manufacturing growth slows

Manufacturing in the Inland Empire grew for the sixth consecutive month in May, although not as strongly as it expanded in previous months. The region’s purchasing managers index during May was 54.8, Cal State San Bernardino’s Institute of Applied Research and Policy Analysis reported Monday. That’s a sharp decline from …

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