Economy

Manufacturing in the Inland Empire expanded for the twelfth consecutive month in December. The region’s purchasing managers index was 51 during the last month of 2017, one point above the 50 benchmark that denotes growth or no growth, the Institute of Applied Research and Policy Analysis at Cal State San …

The Inland Empire economy is finishing 2017 on a strong note, with employment up and the region’s population also growing. Riverside and San Bernardino counties combined experienced year-over-year job growth of three percent in October, twice the growth rate of California during that month, according to a recent study by …

UC Riverside has an estimated $2.7 billion annual impact on the U.S. economy, according to a report conducted by the school. The report, which was released Monday, called the university an “economic powerhouse” for the Inland Empire, saying its multiple research programs help fuel growth and attract jobs to the …

The good news is that the region has a lot of jobs and its economy is growing. The other half of the equation is that a lot of those jobs don’t pay well compared with other parts of the country. Maybe the Inland Empire’s economic development agencies, and their respective …

The U.S. economy added 228,000 jobs in November, slightly less than it added October, the U.S. Department of Labor announced Friday. Despite that gain, the nation’s unemployment rate remained at 4.1 percent, a 17-year low, the department reported. The hiring was broad-based, with gains posted in healthcare, manufacturing and business …

Aerospace is apparently alive and well in Southern California. The industry added an estimated 5,000 direct payroll jobs between 2014 and 2016, and supported more than 268,000 jobs last year, according to a report released Monday by the Los Angeles County Economic Development Corporation. The latter figure was an increase …