Manufacturing in the Inland Empire grew for the 10th consecutive month in October Last month’s purchasing manager’s index was 54.8, virtually unchanged from September, a sign that the local manufacturing sector and economy “remain comfortably in growth mode,” according to data released Wednesday by the Institute of Applied Research and …
Read More »U.S economy keeps growing
The U.S. economy grew at an annual rate of three percent during the third quarter of this year, according to data released Friday. The figure followed a 3.1 percent rise in the gross domestic product – which measures the total output of all goods and services – during the second …
Read More »IE to add more jobs, not enough houses
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 …
Read More »Holiday sales should be strong this year
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., …
Read More »California adds more than 50,000 jobs
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. …
Read More »Economic conference scheduled
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 …
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