Economy

For the second month in a row, Inland Empire manufacturing moved in the wrong direction. The region’s purchasing managers index in November was 45.3, well below the 50 benchmark that determines whether manufacturing is growing or contracting, according to data released this week by the Institute of Applied Research and …

The Inland Empire’s unemployment rate was flat in October. Riverside and San Bernardino counties registered a 6.1 percent jobless rate last month, down from 6.2 in September, according to the state Employment Development Department’s monthly jobs report, which was released Friday. That figure was essentially unchanged from October 2015, when …

The Inland Empire economy grew by 2.2 percent during the third quarter, more than double its growth rate compared with the previous quarter. Government hiring accounted for approximately half of the jobs created in Riverside and San Bernardino counties during the third quarter, making it the largest contributor to the …

The U.S. economy added 161,000 jobs in October, not a spectacular number but still a sign that the labor market continues to gain strength. Wage growth also rose, and the nation’s unemployment rate dropped to 4.9 percent from 5 percent in September, according to data released Friday by the U.S. …

Experts are predicting sales to be up more than three percent compared with 2015, which is considered good but not outstanding. More disposable income and a stronger economy, along with the end of the election season, means things could turn out better than expected. It’s becoming a familiar theme this …

California’s economy added about 30,000 jobs last month, although the state’s unemployment rate remained at 5.5 percent, according to data released Friday. That was reportedly the eighth consecutive month that California employers added more people than they let go, a positive sign for the state’s economy, the Employment Development Department …