Thursday , March 28 2024

Economy

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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California gets middling logistics grade

QVC Opens Inland Empire Logistics Facility

Who says California is among the top logistics market in the United States? That may be accepted wisdom here, but it’s not necessarily an accurate perception, according to a study released earlier this month. The Golden State was given a B-minus in overall logistics health by Conexus, Indiana, a private …

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State unemployment rate drops slightly

inland empire jobs

California’s unemployment rate fell to 4.7 percent in May, as state businesses added approximately 17,600 jobs, according to data released Friday. That equals the lowest jobless rate recorded in California since November 2000, the Employment Development Department reported in its monthly study of California’s job market. The percentage was down …

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IE leads Southern California in logistics construction

QVC Opens Inland Empire Logistics Facility

The Inland Empire added 20.6 million square feet of industrial-logistical space and had another 16.7 million under construction during 2015, far outdistancing Los Angeles and Orange counties in those categories, according to a report released Monday. Much of that activity in Riverside and San Bernardino counties was driven by the …

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Jobs report is a mixed bag

Jobs Report Called Solid

There was good news and not-so-good news in the jobs report released by the U.S. Department of Labor on Friday. The good news was that the national unemployment rate declined to 4.3 percent, 16-year low, during May. The not-so-good news was that the economy added only 138,000 non-agricultural jobs last …

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Inland Empire manufacturing stays strong

The Inland Empire’s manufacturing sector continued to grow during May. The region’s purchasing managers index was 62.7 last month, up from 56.8 in April, according to data released Thursday by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. More important, the index was above 50 …

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