Economy

The U.S. economy will likely grow by about 2.5 percent during the fourth quarter of this year, and 2017 will be a stronger growth year than the previous two years, according to a forecast released today. “Short of some major change in government policy, there’s nothing on the near-term horizon …

2017 should meet or exceed last year’s performance, according to two major trade organizations. If two of the largest and most influential retail trade groups in the United States are correct, retailers will like what they see during the upcoming holiday shopping season. The National Retail Federation in Washington, D.C., …

Employers in California added 52,200 non-agricultural jobs in September, as the state’s unemployment rate remained at 5.1 percent. California has now added more than 2.6 million jobs since the economic recovery began in February 2010, the state Employment Development Department reported. The state’s unemployment rate was down 0.2 percent year-over-year. …

The eighth annual Inland Empire Economic Forecast Conference is scheduled to be Oct 25 at the Riverside Convention Center. The event, sponsored by the UC Riverside School of Business Center for Economic Forecasting and Development, will include analyses of the U.S., California and Inland Empire economies, according to the business …

There was good news and not-so-good news in the Inland Empire’s September purchasing managers index, which was released Monday. First, the good news: the index was a solid 55, the ninth consecutive month the index was above 50, according to the Institute of Applied Research and Policy Analysis at Cal …

Employment in California should grow 1.1 percent this year, followed by .9 percent growth in each of the next two years, according to a report released Wednesday. Payrolls statewide are expected to grow at about the same rate during that time, while personal income should increase two percent this year …