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Economy

National Economy Roars Back

Jobs Report Called Solid

U.S. businesses added 287,000 jobs in June, more than making up for the economy’s weak performance in May, the U.S Bureau of Labor Statistics reported Friday. That was well above the 175,000 jobs that were expected to be added to public and private-sector payrolls last month, according to a report …

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Local Manufacturing Holds Steady

Inland Empire Makes News in Manufacturing.001

Manufacturing in the Inland Empire held its own last month, according to data released Friday. The region’s purchasing manager’s index was 54.4 in June, virtually unchanged from the 55.0 recorded in May, Cal State San Bernardino’s Institute of Applied Research and Policy Analysis reported in its monthly manufacturing study. This …

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Inland Empire Rents on the Rise

Inland Empire Rents on the Rise

It’s getting more expensive to rent an apartment in the Inland Empire, although that’s not necessarily a bad thing. Rental rates were up 7.9 percent in Riverside and San Bernardino counties compared with June 2015, according to the latest edition of Matrix Monthly, which is published by Yardi Systems Inc. …

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Much Travel Expected for the Holiday Weekend

Much Travel Expected for the Holiday Weekend

Southern Californians are expected to get out of town – by road, air or sea – in big numbers this Fourth of July weekend. A little more than three million Southern California residents are expected to take an Independence Day vacation this year, be a 1.3 percent increase compared with …

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Inland Empire Consumer Spending Up

Inland Empire Braces for Shopping Season.001

Consumer and business spending in the Inland Empire is on the rise, according to data released Wednesday. Taxable sales in Riverside and San Bernardino counties grew 6.4 percent between the fourth quarter of 2014 and the fourth quarter of last year, the UC Riverside School of Business Administration Center for …

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State Adds Jobs, Unemployment Rate Drops

Employers in California added 15,200 workers to their payrolls during May, according to data released Friday by state Employment Development Department. Overall, the state’s unemployment rate stood at 5.2 percent at the end of last month, a solid number but above the national rate of 4.7 percent, the department reported …

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