Economy

As expected, manufacturing in the Inland Empire bounced back in January, according to data released Wednesday. The region’s purchasing managers index was 56.8 during the first month of the year, up from 47.4 in December, the Institute of Applied Research and Policy Analysis reported. Anything 50 or above means the …

California’s unemployment rate fell to 5.2 percent in December, as state employers added a net of 3,700 non-agricultural jobs, according to data released Friday. Trade, utilities, transportation and hospitality posted the largest gains, while professional and business services – usually a reliable growth category – posted losses, the state Employment …

The U.S. economy added an estimated 156,000 non-agricultural jobs in December, according to data released Friday. Wages were up 2.9 percent year-over-year, the strongest gain in that category in seven years and a sign that the economic recovery is finally showing up in workers’ paychecks, the U.S. Bureau of Labor …

The Inland Empire’s manufacturing sector is no longer growing. The two-county region’s purchasing managers index was 47.4 in December, the third consecutive month that figure was below 50, according to data released Wednesday by the Institute of Applied Research and Policy Analysis at Cal State Fullerton. Because 50 is the …

The Inland Empire economy grew slightly more during the third quarter than previously estimated, according to data recently released. Riverside and San Bernardino County’s gross metropolitan product grew 2.6 percent annually through the third quarter, not 2.2 percent as was reported last month, the UC Riverside School of Business Center …

California employers added 13,600 jobs in November, enough to drop the unemployment rate to 5.3 percent, according to data released Friday. The state added jobs during the four months before November, yet its unemployment rate never changed from 5.5 percent, so Friday’s numbers represent a slight breakthrough, the state Employment …